A Global Cannabis Exports Leader In The Making? Paraguay Targets THC Reform To Boost Economy
By Lucía Tedesco via El Planteo
Paraguay‘s government, in collaboration with key private sector players, is betting on establishing the country as a leading exporter of cannabis-derived products. The vision is to transform Paraguay into a reference hub for Latin America and the world.
To achieve this ambitious goal, the strategy focuses on legislative reforms and infrastructure investments, with an emphasis on economic and social sustainability. One cornerstone of this initiative is revising the legal framework governing industrial cannabis. Currently, the maximum allowable THC content—the psychoactive compound in cannabis—is capped at 0.5%. However, this limit hampers opportunities in international markets that permit higher concentrations under strict regulations.
Legislative Reforms And Industry Potential
Recently, Minister of Industry and Commerce Javier Giménez visited one of Paraguay’s top cannabis manufacturing facilities. He highlighted the sector’s significant potential to boost the national economy, emphasizing a coordinated approach to …