Paraguay To Export Cannabis Oil To USA And Australia

By Franca Quarneti via El Planteo.

Paraguay will begin exporting oil, proteins and other non-psychoactive cannabis derivatives to the United States and Australia.

This was confirmed this Wednesday by Mario Abdo Benítez, president of Paraguay, during a visit to the industrial plant of Healthy Grains S.A.

According to Infocampo, the market was opened thanks to an agreement between Tangho Technology, a U.S. firm, and Healthy Grains S.A., an important Paraguayan company in the sector.

What is the objective of the agreement?

Investing in the hemp fiber processing industry in the country.

In addition, according to Sputnik, Paraguay sent 21 tons of industrial hemp to the European Union and the United Kingdom last July.

It is estimated that 40 producers are dedicated to hemp in 5 departments of Paraguay, reaching a total of 60 cultivated hectares.

 

Encuentra nuestro contenido en Español en El Planteo:

Market News and Data brought to you by Benzinga APIs

Posted In:

Cannabis is evolving—don’t get left behind!

Curious about what’s next for the industry and how to stay ahead in today’s competitive market?

Join top executives, investors, and industry leaders at the Benzinga Cannabis Capital Conference in Chicago on June 9-10. Dive deep into market-shaping strategies, investment trends, and brand-building insights that will define the future of cannabis.

Secure your spot now before prices go up—this is where the biggest deals and connections happen!

Get your tickets today!

Comments
Loading...