The proposal includes licenses for cannabis' production, industrialization, and commercialization. Only small and medium enterprises and farmers can access these authorizations.
PAC representatives detailed that the domestic cannabis market might reach sales representing 0.32 percent of the country's gross domestic product (GDP). They added that the local market for products such as bananas, pineapple, ground coffee, and cane sugar does not exceed 0.25 percent of the GDP.
In the Americas, only Uruguay, Mexico, Canada, and 16 U.S. states have approved the recreational use of cannabis.