Legal & Regulatory

Medical Cannabis: First public-private agreement for research and production in Argentina

Argentina is moving up in the cannabis world, a new public-private partnership between growing cannabis innovators and hemp regulatory and research agencies is the latest development in the evolving story of growth, opportunity and cutting edge medical research. They plan to have Argentina not only catch up with, but begin to supply, the international hemp and cannabis industries.

Two months after the law which enables medical and scientific research on the use of cannabis and its derivatives, the first public-private agreement was reached. The deal is between the National Institute of Agricultural Technology (INTA) and the company Pampa Hemp. They aim to promote domestic production, the development of cultivation techniques, genetic varieties and a seed bank.

These collaborations may be the start of something new, or even the future of Hemp research and development. Stay tuned to our mobile Hemp.IM news app to keep up with the latest developments in local, and global, cannabis world.

Public-private cannabis collaboration begins

According to details from Pampa Hemp -one of the founding companies of the Argentine Chamber of Cannabis- and INTA, the initial focus of the public-private agreement will be on academic research as well as cannabis product research and development (R&D). Improving production activities with the development of cannabis cultivation techniques and the development of different genetic varieties are all top priorities.

Progress will be made in the design of production protocols supported by the integration and development of local traceability technologies, applied artificial intelligence, automation, sensitization and crop monitoring, which will later be scalable at an agronomic level.

As announced, the product(s) obtained will be made available to the network of Argentine public and private laboratories, which will be in charge of producing cannabis oil for medicinal use, which is expected to reach a degree of purity greater than 99 percent.

In a second stage, the objective of INTA + Pampa Hemp will be the development of its own genetic variants for medicinal purposes and other uses, through the stabilization of local varieties and the creation of a cannabis seed bank that will provide germplasm adapted to the conditions of the country’s geography and climate.

Public-private partnership raises challenges and opportunities in cannabis sector

“It is a great challenge and an enormous opportunity both for INTA and for the professionals who will participate in the project,” said Ignacio Terrile, director of the Pergamino Experimental Station (EEA).

Terrile explained the primary objective: “To initiate a process of knowledge generation of high scientific-technological value, fundamental for the development of the industry related to the production of cannabis derivatives in Argentina”.

“From the public-private link, we will have the opportunity to be part of the development, research and national cultivation of cannabis, generating transferable technology that enhances the industry,” stressed the director of the EEA.

“For INTA this is an unprecedented experience, and we are committed to strengthening public-private integration as a strategy to stimulate the innovation that our country needs to boost its insertion in global agro-industrial markets,” Terrile stressed.

Innovation offers capacity to export cannabis to the world

“Argentina is one of the main agro-exporting countries in the world. We have the innovative capacity to export to the world not only our own production but also agricultural, scientific, and technological knowledge, by perfecting our own production models”, explained Sebastián Tedesco and Pablo Fazio, founding partners of Pampa Hemp.

In addition, the directors of Pampa Hemp hope to generate exports of local production, bringing a high quality product, with all the corresponding certifications, to different international markets.

__

(Featured image by Pixabay via Pexels)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Hemp.im, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Página 12, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Michael Jermaine Cards

Michael Jermaine Cards is a business executive and a financial journalist, with a focus on IT, innovation and transportation, as well as crypto and AI. He writes about robotics, automation, deep learning, multimodal transit, among others. He updates his readers on the latest market developments, tech and CBD stocks, and even the commodities industry. He does management consulting parallel to his writing, and has been based in Singapore for the past 15 years.

Recent Posts

Japan Saw its CBD Market Explode in 2023

Japan saw its CBD market explode to a value of $173.8 million in 2023, driven…

3 days ago

Colorado Residents Can Buy License Plates With Cannabis-Related Slogans

Colorado residents can participate in an auction to purchase unique license plates with cannabis-related phrases,…

4 days ago

First Episode of Strain Hunters in Thailand Released

Strain Hunters released the first episode of their Thai adventure, led by Green House Seed…

5 days ago

Portugal Exports About 99.85% of Medical Cannabis, Selling Only 17 Kilograms Locally

In 2023, Portugal exported nearly all of its medical cannabis, with only 17 kilograms sold…

6 days ago

Study Shows Cannabis Consumption May Protect Against Cognitive Decline

A recent study by Upstate Medical University links recreational cannabis use to a significant reduction…

1 week ago

Jersey Could Debate Cannabis Decriminalization This Year

The Anglo-Norman island of Jersey is considering discussing the decriminalization of cannabis sometime within the…

1 week ago