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.
(Originally posted by Cannabis News)