Costa Rica’s Hemp Licenses Will Be Free
BusinessArticle12 Sep, 2022
Last edited: 12 Sep, 2022, 8:45 PM

Costa Rica’s Hemp Licenses Will Be Free

Costa Rica will make its hemp licenses free for businesses and individuals interested in importing and/or exporting hemp derivatives as health, food, and industrial products.

Hemp licenses in Costa Rica will carry no cost under regulations signed into law earlier this month, the Costa Rican News reports. The regulations are the first hemp-related rules approved by President Rodrigo Chaves Robles and by the heads of the Agriculture and Livestock portfolios, Laura Bonilla, and Health, Yoselyn Chacón.

In a press release outlined by the News, the regulations are applicable to individuals or legal entities that are interested in importing, planting, cultivating, harvesting, post-harvesting, storing, transporting, processing, manufacturing, marketing, importing and exporting hemp derivatives as health, food, and industrial products.

The licenses will be granted for six years and can be renewed for another six years. Licensees will be allowed to acquire seeds, seedlings, cuttings, or any other hemp propagation material, the report says, along with the planting, development, harvest, import, transport, and marketing of hemp plants as raw material for processing.

The regulation will enter into force once it is published in the official newspaper, La Gaceta.

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Mon / Sep 12th by TG Branfalt

Images Credit:

  1. Ganjapreneur

Source : Ganjapreneur

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