Argentina: Medicinal cannabis and industrial hemp Regulation of Law No. 27,669

3w
4m read
Summary

The Decree defines “Psychoactive Cannabis,” “Hemp,” “Industrial and/or Horticultural Hemp,” and “Cannabis Plant” while leaving the definition and regulation of “Derivative Products” to the Regulatory Agency of the Hemp and Medicinal Cannabis Industry (ARICCAME). In brief On 7 August 2023, Decree 405/2023 (“Decree“) was published to regulate Law No. 27,669 that states the regulatory framework for the development of the medicinal cannabis and industrial hemp industry. Ownership: This documentation and content (Content) is a proprietary resource owned exclusively by Baker McKenzie (meaning Baker & McKenzie International and its member firms). Use of this Content does not of itself create a contractual relationship, nor any attorney/client relationship, between Baker McKenzie and any person. In depth The Decree regulates the legal framework for the production and commercialization chain of the cannabis plant, its seeds, and its derivative products for human medicinal, veterinarian, nutritional, cosmetic, industrial, plant health, and fertility uses, including those uses arising from scientific research and technical and industrial development.

Article Preview

In brief

On 7 August 2023, Decree 405/2023 (“Decree“) was published to regulate Law No. 27,669 that states the regulatory framework for the development of the medicinal cannabis and industrial hemp industry. Further, the Decree: (i) regulates the chain of domestic production and commercialization and/or for export purposes of the cannabis plant, its seeds, and its derivative products for medicinal use, including scientific research and industrial use; and (ii) complements Law No. 27,350, which initially regulated the medical and scientific research of the medicinal use of the cannabis plant and its derivatives.

In...

Read the full article @ Cannabis Law Report