In Peru, hemp is starting to move away from being a topic of confusion and taboo to becoming a strategic project for economic and environmental development. What was just an idea until recently now has a legal framework and ongoing regulations.

In June 2024, the Congress approved Law No. 32,195, which laid the groundwork for the industrialization of hemp. The legislation explicitly differentiates hemp from marijuana and removes the legal obstacles that were hindering the sector's progress.

This week, the Ministry of Agricultural Development and Irrigation (MIDAGRI) published the draft Supreme Decree that regulates the law and opened a 90-day public consultation period.

During this period, private institutions, farmers, and citizens will be able to submit comments and suggestions, virtually or in person in Lima. The General Directorate of Agricultural and Agroecological Development will be responsible for consolidating the contributions.

According to Infobae portal, the regulation seeks broad participation, including individuals and legal entities, national and foreign, involved in the industrial hemp production and commercial chain.

An ancient plant in fertile soil

Hemp, a close relative of marijuana and belonging to the Cannabis sativa species, is distinguished by its low THC percentage. According to international standards, the limit is up to 3%, although some countries require lower levels, such as 1%. In Brazil, a country going through a decisive moment, regulations are expected to follow international understanding.

This variety is not intended for recreational use but for productive purposes. Its uses include textiles, paper, oils, food, construction materials, biofuels, and more. An ancient plant that has accompanied civilizations in their development and is now gaining space in Peru.

An ESAN study highlighted the country's climatic and geographical diversity, which includes a coastline, mountains, and jungle. This variety puts Peru in a privileged position for cultivation since hemp requires less water and pesticides than other industrial crops — a crucial factor in times of drought and soil degradation.

More than a harvest: an engine of change

Hemp cultivation in Peru is not limited to the economy. It improves soils, prevents erosion, restores nutrients, and serves as a basis for sustainable products such as durable fabrics, ecological concrete ("hempcrete"), food, and biofuels.

According to Hemp Today portal, proponents of the 2022 bill estimate an annual revenue of US$ 35 million, with US$ 23 million coming solely from CBD derivatives. Additionally, there are opportunities in carbon credits, soil remediation, and exports. The global industrial hemp market could reach US$ 30.24 billion by 2029.

With information from High Times