The President held an event in the Women’s Hall of Government House to present the enactment of the Law on Medicinal Cannabis and Industrial Hemp. The president said that “it is a step in access to the right to health” and in turn “another triumph of society against hypocrisy.” Alberto Fernández together with the Minister of Productive Development, Matías Kulfas, and the founder of Mamá Cultiva Argentina, Valeria Salech, presented the promulgation during the ceremony at the Casa Rosada. The President pondered that, despite the prejudices, the law will allow “to help solve the health of many people who need it and who proved that these medicines serve them and make their lives more bearable.”
We enacted the Medical Cannabis and Industrial Hemp Act. Today an industry is born in the country, profitable and sustainable, which will generate 10,000 jobs, boost regional economies and above all guarantee the right to health of those who need it.#CannabisIndustriaNacional pic.twitter.com/q4TVu6Y707 — Alberto Fernández (@alferdez)
May 24, 2022
“Today we take a very important step towards an industry that works, produces, exports and generates foreign exchange but also in the concrete exercise of access to the right to health,” he stressed Fernández.La standard also provides for the implementation of a “Regulatory Agency of the Hemp and Medicinal Cannabis Industry” that will have the capacity to establish production and export licenses. This new public actor that will act as the governing body and articulator of the cannabis production chain will be in charge of the multiple regulatory bodies involved. The Regulatory Agency of the Hemp and Medical Cannabis Industry will have technical, functional and financial autarky, and will be under the orbit of the Development portfolio Productivo.Al when analyzing applications for licenses to produce medical or industrial cannabis, the new agency will establish the requirements and background that will be requested from the petitioner, in order to “maximize controls aimed at preventing illegal activities, including money laundering.”
