During the discussions, participants talked about a law to control the acreage under cultivation and perhaps a national agency to buy up the crop and then sell it to various industries.
Morocco's Rif mountains are one of the most impoverished and underdeveloped parts of the country and its poor soil supports few crops aside from the hardy cannabis plant. Efforts over the years to provide alternatives have failed.
Mehdi Bensaid, a legislator with the party, said the hearing, which included testimony on the Swiss experiences in using cannabis for medical and industrial purposes, was to search for a new policy for this region other than just periodically burning the crops and arresting farmers.
"Security policies aren't solving the problem because it's an economic and social issue so the PAM is trying to find a credible alternative," he said. "We think this crop can become an important economic resource for Morocco and the citizens of this region."
He said the next step would be to enlist other political parties as sponsors and introduce a draft law in the next year.
Marijuana was always grown in this region, known for its rebellions against both colonial authority and the central government. Cultivation exploded in the 1960s with the rise in demand from Europe.
The United Nations Office on Drugs and Crime estimated that 134,000 hectares were under cultivation in 2003. The Moroccan government says that number was cut to just 47,000 by 2010 but many experts believe that number is artificially low.
Morocco is a signatory to the 1961 drug control treaty and would face sanctions if it legalized drugs for recreational use, however the treaty does provide exceptions for legal and industrial applications.
While lawmakers from several different parties, including the moderate Islamist party running the government, have expressed support for some sort of legalization, the law is likely to face severe hurdles in parliament.
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Associated Press reporter Smail Bellaoualli contributed to this report.