Two years after beginning the process, Costa Rica has finalized the licensing for businesses seeking to cultivate and produce hemp-derived products.
The Central American country’s Ministry of Agriculture and Livestock (MAG) on Sept. 3 awarded 57 licenses for the two categories, according to The Tico Times.
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The licenses are good for six years.
Most of the licenses have been awarded to businesses in Costa Rica’s capital city, San Jose, and the province of Guanacaste, the Times reported, citing MAG data.
Costa Rican officials issued the first business license for hemp-derived products on Nov. 8, 2022, to a company named Ingenio Taboga.
A public university, the San Jose-based National University of Costa Rica, was among the early licensees, earning a research license in August
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