Hemp Finally Gets Regulated In Argentina: Will It Boom Like The Country’s Many Other Ag Products?
Argentina has introduced new regulations for the hemp industry through Resolution 1/2024, signed by Ignacio Ferrari, director of the Regulatory Agency for the Hemp and Medicinal Cannabis Industry (ARICCAME).
These regulations introduce a simplified system that distinguishes between agricultural and industrial activities.
ARICCAME, which oversees hemp and cannabis activities, has been restructured under to resolve operational issues.
The agency’s new leadership now holds expanded powers to issue licenses and coordinate with other regulatory authorities to ensure compliance with the updated regulations, first reported El Planteo.
Argentina’s Hemp Potential In the Global Market
Argentina is already a key player in global agriculture, known for its vast production of commodities like soybeans, meat and corn.
The …