A groundbreaking proposal for Caye Caulker, Belize, suggests that legalizing and regulating cannabis production and sales could generate over $10 million in annual tax revenues, positioning the island as a pivotal hub for the nation’s cannabis industry. Conservative estimates indicate that local consumption alone could yield $413,000 annually, based on a price of $6.75 per gram plus tax. With a quarter of the island’s 2,729 residents consuming 10 grams three times weekly, total annual consumption would reach 979,200 grams. Tourism further amplifies this potential, as approximately 17,000 overnight visitors consuming at the same rate could contribute an additional $74,266.87 yearly. The proposal envisions Caye Caulker as the central point for all legally produced, tested, and sold cannabis in Belize. If just one-eighth of the national population—around 52,463 people—consumed cannabis at this rate, the country could earn an extra $10 million in tax revenues annually. However, the Roman Catholic Diocese of Belize City–Belmopan has voiced strong opposition, citing moral and spiritual concerns. The Church warns that legalization could normalize drug use, harm youth, damage families, threaten public health, and undermine tourism. The referendum, scheduled for October 8, will determine the island’s path forward.