Costa Rica: Medical Cannabis Bill Update October 1st, 2016

Author: Tim Morales

Costa Rica’s Medical Cannabis Bill Update October 1st, 2016

In August 2014,Senator, Dr. Marvin Atencio D, introduced the Medical Cannabis bill 19256 in Costa Rica. This bill seeks to provide a legal and regulatory framework to develop medical cannabis and industrial hemp industries in Costa Rica.
Passage of the bill would create an institute that will monitor, audit and develop these new sectors linked to Medical Cannabis and Hemp. This institute will be called the Institute for Research, Regulation and Control of Cannabis and Hemp or IIRCCA.

Some the many functions of this institute are controlling the production, distribution and sale of cannabis-based products; controlling prices for buying and selling; defining administration and issuance of licenses and concessions for the sector; facilitating clinical-scientific research; setting penalties for violators of this law; providing for related audit procedures for production and distribution and coordinating and monitoring both public.

Passage of this Medical Cannabis legislation would provide for three sizes of Grow Licenses: 8 large, 13 medium and 21 small.

There would be 52 Dispensary licenses and 170 Industrial Hemp licenses.

This could provide for many jobs and business opportunities plus badly needed tax income to Costa Rica. Done correctly, this program could pay for itself.

Senator Abelino Esquivel has been opposing this bill and has been filing motions to tie up a vote. We are not here to give an opinion on how this works, but needless to say, so far he has blocked the vote. In September he, along with two other Senators, visited Denver, Colorado to see the medical cannabis industry first- hand. We did not expect an immediate reversal but we hope for some movement on this issue.

Latin America has been moving in the medical cannabis direction and Costa Rica cannot afford to miss the medical and economic benefits of the worldwide growth of the medical cannabis industry. Done correctly this new agency could be set up without any government assistance.

The Cannabis Industry Association Costa Rica invites you to review the CR bill 19256 and provides copies in English and Spanish on their website.

www.ciacr.com

http://www.ciacr.com/cr_mmj_bill_text

cr_mmj_bill_19256_en

 

 

 

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Matt Maurer – Minden Gross
Jeff Hergot – Wildboer Dellelce LLP

Costa Rica
Tim Morales – The Cannabis Industry Association Costa Rica

Nicaragua
Elvin Rodríguez Fabilena

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Julie Godard
Carl L Rowley -Thompson Coburn LLP

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Jerry Chesler – Chesler Consulting

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Lance Rogers – Greenspoon Marder – San Diego
Jessica McElfresh -McElfresh Law – San Diego
Tracy Gallegos – Partner – Fox Rothschild

Colorado
Adam Detsky – Knight Nicastro
Dave Rodman – Dave Rodman Law Group
Peter Fendel – CMR Real Estate Network
Nate Reed – CMR Real Estate Network

Florida
Matthew Ginder – Greenspoon Marder
David C. Kotler – Cohen Kotler

Illinois
William Bogot – Fox Rothschild

Massachusetts
Valerio Romano, Attorney – VGR Law Firm, PC

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Neal Gidvani – Snr Assoc: Greenspoon Marder
Phillip Silvestri – Snr Assoc: Greenspoon Marder

Tracy Gallegos – Associate Fox Rothschild

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Matthew G. Miller – MG Miller Intellectual Property Law LLC
Daniel T. McKillop – Scarinci Hollenbeck, LLC

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Gregory J. Ryan, Esq. Tesser, Ryan & Rochman, LLP
Tim Nolen Tesser, Ryan & Rochman, LLP
Cadwalader, Wickersham & Taft LLP

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Paul Loney & Kristie Cromwell – Loney Law Group
William Stewart – Half Baked Labs

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Andrew B. Sacks – Managing Partner Sacks Weston Diamond
William Roark – Principal Hamburg, Rubin, Mullin, Maxwell & Lupin
Joshua Horn – Partner Fox Rothschild

Washington DC
Teddy Eynon – Partner Fox Rothschild