Argentina is opening up to the medical cannabis market and hemp industry in a move to help recover a battered economy.

On May 5, the Argentine Congress passed a bill to establish a legal framework for the sale and export of medical cannabis and industrial hemp.

The move, backed by president Alberto Fernández, aims to ensure the safety, quality, control and traceability of the production chain as well as create new jobs, increase productivity and generate new exports for the South American country that is facing a deep economic crisis.

Fernández’s government says the industry could create up to 10,000 new jobs by 2025, boost the domestic market by $500 million and increase export revenues to over $50 million.

The Argentina Ministry of Health created a new cannabis plant medicine category and administrative controls for that category.

The government of Argentina is certainly moving with speed to establish a regulated cannabis industry. This month, not only has it approved the creation of non-profit patient collectives, but it has also, as of this week, created a special category for cannabis plant medications as well as designated the federal control agency for the same as the National Administration of Medicines, Food and Medical Technology (ANMAT). Cannabis products over 0.3% THC must be prescribed for a doctor for a specific condition.

By El Planteo.

"What's in your life’s black box?" In tune with the new winds of communication 2.0, generational change and new ways of relating to content, the famous Spanish streamer, Ibai Llanos, interviewed Lionel Messi after his arrival to Paris. On the same day, one of the most popular journalists on the Internet was able to do the same with the Argentine president.

Argentina is making steady progress in its quest to become synonymous with the cultivation of other plants besides its beloved Yerba Mate, namely cannabis and hemp.

More needs to be learned about what drives behavioural strategies used by different cultures to combat cannabis consumption, intoxication and related harms to enhance the protection of those who use the drug, a U.S. study suggests.

Researchers at the University of New Mexico explored the cannabis protective behavioural strategies (PBS) used by five different countries — namely the U.S., Argentina, Uruguay, Spain and the Netherlands — by seeking input from 1,175 colleges students from those jurisdictions who reported past-month weed use.

With 2017 legislation, Argentina joined the growing number of South American countries to relax cannabis laws. At the end of 2020, that legislation was expanded, and now finally, Argentina allows cannabis self-cultivation for medical use.

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TORONTO, Dec. 04, 2020 (GLOBE NEWSWIRE) -- Further to its news releases dated March 26, April 4, and July 2, 2019, Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA) (the “Company” or "Blueberries"), a Latin American licensed producer of medicinal cannabis and cannabis-derived products is pleased to announce that the Company has completed the acquisition of BBV Labs Inc. (“BBV”), a corporation formed under the laws of the Republic of Panama, pursuant to the previously announced share purchase agreement (the “Purchase Agreement”).

Argentina’s government on Thursday legalised the growing of cannabis for medical use by individuals and networks, as well as the sale of creams and oils made from the plant in pharmacies.

The move was made official via the publication of a decree published in the Official Gazette. The new rules are revisions to a law first approved back in March 2017 that authorised the medicinal use of cannabis oils, but maintained an existing prohibition on the cultivation of the plant and the possession of seeds by individuals or groups.

The new decree, signed by President Alberto Fernández, seeks to allow "timely, safe, inclusive and protective access for those who need to use cannabis as a therapeutic tool," according to its text.

As of this Wednesday, Argentina will now allow home cultivation of cannabis and the sale of cannabis oils and topicals in pharmacies, which has not been included under the legal cannabis laws so far. Cannabis patients will also now have access to their medicine free of charge. 

This new regulation was drafted by the Argentinian Health Minister and other key stakeholders, and represents a huge step forward for cannabis in Argentina.  

When talking about cannabis legalization, countries like Canada, the US, and Spain are thought to be the most progressive. However, many of the firsts of marijuana legalization happened not in these places, but in South America. One of the interesting stories out of this region, is Argentina.