Wednesday 3 March 2021

Costa Rica legislators endorse medicinal use of cannabis

Self-cultivation for consumption or recreational use is not allowed; Medicinal cannabis cultivable through licenses

QCOSTARICA – The bill that would authorize the medicinal and therapeutic use of cannabis and the food and industrial use of hemp is advancing in Congress.

“Costa Rica can become a development pole and cluster of hemp and medicinal cannabis companies,” according to Zoila Volio, an independent legislator proponent of the current bill before Congress

The Environment Commission of the Legislative Assembly ruled affirmatively this Wednesday the initiative promoted by the independent legislator Zoila Volio.

- Advertisement -

The proposal seeks to authorize the use of cannabis for medicinal and therapeutic use, in order to guarantee the fundamental right to health of the entire population.

Simultaneously, it would allow the production and commercialization of hemp (cáñamo in Spanish) for industrial and food use.

According to data from the Foreign Trade Promoter (Procomer), the hemp value chain will reach global sales of $5.7 billion worldwide in 2020. Its projections also point to a growth of up to $14.5 billion in 2025.

“This project is a great opportunity for our country. It will promote the generation of employment in the different phases of the production chain, permeates all levels of job creation, therefore it will stimulate the economic and social development of the most vulnerable areas that were severely affected by the pandemic,” declared Volio.

- Advertisement -

The legislator said that if the proposal is approved by the Legislature, that economic activity would also generate fresh financing for the State.

This, because it is proposed to create a tax on the income obtained in both activities, whose rate would be 1% on net profits.

“The price of medical cannabis licenses will be established by executive decree. On the other hand, hemp will be freely cultivated, since it is not categorized as a drug as it does not have psychoactive effects,” explained the legislator.

The Caja Costarricense de Seguro Social (CCSS) and public universities would also be authorized to carry out research and produce drugs and products for therapeutic use in their laboratories.

The initiative will now go to the Legislative floor for discussion and final vote.

Highlights of the bill to would legalize hemp and medical cannabis:

  • Self-cultivation for consumption or recreational use is not allowed
  • Hemp (non-psychoactive cannabis) would be “free cultivation”
  • Medicinal cannabis cultivable through licenses
  • The Ministries of Health and Agriculture would control production. All income pays an additional 1% tax
  • CCSS and public universities authorized to research and produce drugs

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Colombian Clever Leaves made first shipment of medical cannabis to the U.S.

QCOLOMBIA – Clever Leaves, a Colombian company authorized to handle pharmaceutical...

Political pressure grows for medical marijuana and hemp

QCOSTARICA -A group of legislators is pressuring the government to take...

MOST READ

Loans in dollars loses attractiveness for those who earn in colones

QCOSTARICA - Loans in dollars, which had a great boom in 2000, began to slow down since 2016 and today, despite the fact that...

False dentist worked from his garage and charged ¢ 100,000 for ‘braces’ that come off in a few hours

QCOSTARICA - A 30-year-old man, who posed as a dentist, set up an office in the garage of a house in Siquirres, Limón, where...

Franklin Chang: “Space Agency Doesn’t Have to Be a Bureaucratic Elephant”

QCOSTARICA - The so-called Costa Rican space agency, recently approved by Congress, does not have to be a bureaucratic giant, with a large office...

Vehicle Restrictions for March

QCOSTARICA - Due to an improvement in the epidemiological situation of the health emergency, starting March 1, the only daytime vehicular restrictions for the...

Tourist visas extended to June 2, 2021

QCOSTARICA - Before I get into my opinion of the irresponsible actions of the immigration service and the ICT, good news for tourists who...

Government rules out, for now, toughening sanitary measures for Semana Santa

QCOSTARICA - This Semana Santa, if the number of daily new cases continues on its current trend, we will not see the harsh sanitary...

Costa Rica extends restrictions of its land borders until April 1

QCOSTARICA - Costa Rica will extend the restrictions of its land borders until April 1, confirmed Casa Presidencial (Government House) on Thursday. As in the...

US Latin America Policy Won’t Change Much, New ‘Thaw’ With Cuba Can’t be Ruled Out,

Q REPORTS - U.S. President Joe Biden is expected to outline his vision of Washington's Latin America policy at the next Summit of the...

Can you pay your bills by playing baccarat online?

Casino and baccarat is a term of love. Gambling is known to bring a lot of happiness provided your luck supports you, but how...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.