AGP Executive Report
Last update: 12 hours agoPort & Logistics: St. Croix is moving ahead with a $22.4 million upgrade to the Wilfred “Bomba” Allick Marine Terminal, now in the design phase, with a public meeting set for Aug. 14 and planned repairs to structures, mooring/fendering, and the container yard. Cannabis Regulation: In the Virgin Islands, the Office of Cannabis Regulation says licensed cultivation could start within weeks, with at least two dispensaries potentially ready before year-end—though commercial sales wait until a product-testing lab is operational, targeted for October. Agriculture & Workforce: The National FFA Organization hit a new high with 1,053,847 student members across 9,591 chapters in 2025-2026, including Puerto Rico and the U.S. Virgin Islands. Health & Consumer Costs: A $400 million settlement in principle with Sandoz over alleged generic drug price-fixing and reduced competition is advancing through state attorney general actions, pending approval. Local Economy Watch: A USVI employment update points to volatility, with Q3 2025 showing net private-sector job losses after earlier gains.
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