Argentina launched a national regulatory agency for the hemp and medical marijuana industries, aiming to capitalize on the domestic and international markets.
The governing body – Agencia Regulatoria de la Industria del Cáñamo y del Cannabis Medicinal, or Regulatory Agency for the Hemp and Medicinal Cannabis Industry (ARICCAME) – seeks to regulate and foster a wide variety of cannabis-related sectors, such as medical marijuana, cannabinoids in food and cosmetics, cannabinoids in food for veterinary use and industrial hemp.
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The ARICCAME’s first working group was held last week, El Economista reported.
The agency also lists as its general objectives to:
Introduce hemp, and all its derivatives, in Argentina, including for food, construction materials, textiles and bioplastics. Promote scientific research and cannabinoid-related technological progress as well as promote favorable conditions for the existing industries inside the country.
More specifically, the agency will look to establish clear
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