Argentina recently released medical cannabis regulations that support increased imports of medicinal cannabis and CBD products to Latin America that entails 45 million users.
The new reforms permit the use of THC-and CBD-based products for medicinal issues in Argentina. Although these products can be imported, sales are allowed in Pharmacies only and require prescriptions.
It’s unclear whether a prescription is required for CBD cosmetic products or if the regulations apply to ingestible CBD products only.
Based on the decree, patients can grow their marijuana and get medicinal specialties indicated in the country or get magisterial formulations indicated by licensed pharmacies. The Argentine government stated that the decree would enable importing medical cannabis products to tackle a significant amount of illness than other currently available products in the market.
Local production will be conducted via labs of NAPL (National Agency for Public Laboratories). The products will be distributed via NBCD (National Bank of Cancer Drugs and Pharmacies).
Argentina will create a high-demand market for CBD topicals due to the increased need for natural ingredients and additives in cosmetics by consumers seeking healthier lifestyles.
The provisions laid out this month are featured in a decree published within Argentina’s official gazette. They expand the authorization within the Reprocann (National Cannabis program) and approve the medical utility of Marijuana by research institutions and individuals.
The new rules also permitted self-cultivation; thus, folks won’t have to rely on the black market in their quest for CBD products.
Mama Cultiva will reap various benefits from the new decree. It’s a non-profit institution for South American mothers that advocate cannabis use for treating children suffering from conditions such as autism, epilepsy, and cancer. Mama Cultiva supported the formulation of the medical cannabis regulation in 2017 and has lobbied to restrain laws on self-cultivation as well as cannabis-based treatment.
With the materialization of medical marijuana law and the recent creation of a bill that will open up Argentina’s commercial hemp market, the argentine government is poised to fast-track its cannabis policy.
