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Government of Argentina has started a tech company aimed at advancing the industrial hemp and medical cannabis sectors

The tech company is called Cannabis Conicet, and will operate under leading scientific researchers, the Arturo Jauretche National University (UNAJ), and the High Complexity Hospital “El Cruce.”
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The tech company is called Cannabis Conicet, and will operate under leading scientific researchers, the Arturo Jauretche National University (UNAJ), and the High Complexity Hospital “El Cruce.”

“This commits us to having a state that guarantees, not represses, the use of cannabis, and intervenes in public health and in this line, also in production,” Ana Franchi, president of the new company, said in a statement.

The revolutionary tech company aims to advance development in hemp derivatives and medicinal cannabis, establish standards for cultivation, production, industrial and clinical use, and engage in training and education, with a goal to establish a strong competitive position for Argentina in regional and international markets, the government said.

They plan to offer diplomas in cannabis and its medicinal uses, lead observational studies in the therapeutic use of medicinal cannabis, establish quality control standards, and develop and register cannabis cultivars.

The initiative is to expand by adding non-governmental organizations, cooperatives, and small and medium enterprises as it seeks to draw expertise and experience from a wide range of industry participants. According to government estimates, the hemp and medical cannabis industries in Argentina could generate 10,000 new jobs, $500 million in domestic sales and $50 million in exports annually.

Pic By Aleksandr

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