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New Zealand plans to review and modernize its industrial hemp regulations to boost economic growth.
New Zealand plans to review its outdated industrial hemp regulations, which classify hemp as a Class C drug despite its low THC content.
Minister for Regulation David Seymour aims to streamline regulations to foster economic growth and innovation, projecting potential earnings of $2 billion by 2030.
The Ministry for Regulation, along with MedSafe and the Ministry of Health, will reassess the nearly twenty-year-old rules to modernize the sector.
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Nueva Zelandia tiene previsto revisar y modernizar sus reglamentos de cáñamo industrial para impulsar el crecimiento económico.