Argentina’s Cannabis Industry Shakeup: Will The New Government-Appointed Comptroller Boost Business Opportunities?
By Lucía Tedesco via El Planteo
Through Decree 833/2024, the Argentine government has decided to intervene in the Regulatory Agency for the Hemp and Medicinal Cannabis Industry (ARICCAME) to address the operational issues that have hindered the hemp and medicinal cannabis sectors in the country.
The decree, published in the Official Gazette, appoints Dr. Ignacio Ferrari as the agency’s comptroller. He will take control of ARICCAME for one year, with the possibility of an extension.
The intervention was driven by “lack of staff, inadequate operations, delays in issuing licenses and permits and a substantial backlog of private sector demands that have gone unmet.”
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