By Alfredo Pascual / Marijuana Business Daily 

Paraguay plans to open up the application process next month for businesses seeking to secure a production license for the country’s new medical cannabis industry.

The nation’s health minister, Julio Mazzoleni, announced during a press conference on Thursday the approval of a resolution establishing the guidelines to apply for the first commercial production licenses.

Five vertically integrated licenses will be up for grabs. The licenses cover cultivation as well as the manufacture of medical cannabis products.

Separately, the Senate approved a bill that would allow home growing of cannabis for medical purposes.

Paraguay legalized medical cannabis in December 2007 and in August 2018 the regulatory decree that spells out how the law should be implemented was approved. But until now no business opportunities for domestic production were available.