![](/remote/aHR0cHM6Ly9naWVjZG4uYmxvYi5jb3JlLndpbmRvd3MubmV0L2ZpbGV1cGxvYWRzL2ltYWdlLzIwMjIvMDkvMDEvbXlwcm9qZWN0LTEyMC5wbmc.L7U3V5uqX7M.png?w=948&h=533&format=webp&mode=pad&anchor=middlecenter&scale=both&bgcolor=F0F1F2)
Adobe Stock By atdr
Lawmakers in the South American republic of Guyana passed the Industrial Hemp Act Aug. 8, which allows for the cultivation of hemp containing less than 0.3% THC in the country.
The measure permits farmers and manufacturers to apply for a license to grow hemp for the end use of food, textiles, furniture, medicines and cosmetics. Individuals can also apply for a research license, Harris Bricken reported.
To qualify for a hemp license in Guyana, an individual must be at least 18 years old, not have filed for or be in bankruptcy, and be of “sound mind,” according to Harris Bricken.
The country has not yet set an acreage limit for cultivation licenses; however, “the board may limit that in the future, and certain geographic areas across the country will be specifically designated for cultivation,” the outlet reported.
Guyana will also establish the Guyana Industrial Hemp Authority and its Governing Board of Authority to regulate and oversee the country’s hemp industry.
Latest from Cannabis Business Times
- Navigating Cultivation Room Design: Optimization vs. Maximization
- Verano Opens 18th Medical Cannabis Dispensary in Pennsylvania
- Hundreds Interested in Kentucky’s Medical Cannabis Licenses; Just 17 Apply So Far
- Aurora Receives Expanded Cultivation, Unique Research Licenses for German Facility
- Curaleaf Opening 2 New York Medical Dispensaries, Launching Adult-Use Sales at 2 Other Stores
- Ohio’s Adult-Use Licensing Process Leads CBT’s Top Stories in July
- Planet 13 Launches Lifestyles Brand Company; Signs 1st Sponsored Athlete in UFC Title Contender Chito Vera
- LeafLink Acquires Leading Cannabis Banking Platform Dama Financial