Cannabis And Hemp To Kickstart Argentina’s Economic Recovery?

Cannabis And Hemp To Kickstart Argentina’s Economic Recovery?

Author: Hector Gomes

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.

Earlier this month, Argentina’s government, led by president Alberto Fernandez, published a draft regulatory framework for the development of the country’s medical cannabis and hemp industries, following a major legislation change approved in November 2020.

Argentina, historically one of the most developed and educated countries in Latin America, is today faced with a stagnant economy and an uncertain future, after years of political and economical struggles. Traditionally viewed as one of the world’s top agricultural producers, earning the country the nickname El Granero del Mundo, meaning “The World’s Barn”, it is no surprise that the country is paying closer attention to the socio-economic advantages of commercial cannabis and hemp cultivation.

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