Salta Congress Passed Law for the Development of Medical Cannabis and Industrial Hemp

The Chamber of Deputies of Salta, a province in Argentina, approved the bill that seeks to create the conditions for the development of the cultivation of cannabis and hemp.

The regulation establishes that the provincial State will be in charge of promoting and encouraging the production, industrialization, and commercialization of the cannabis plant, hemp, its seeds, and derived products, within the framework of the provisions of National Law No. 27,669, which creates the Regulatory Agency of the Hemp and Medicinal Cannabis Industry (ARICCAME), and its regulations.

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Legalization of medical cannabis would create jobs and generate income

The project foresees that the application authority (to be determined by the provincial Executive) will develop actions aimed at human or legal persons that carry out some of the activities foreseen in National Law No. 27.669, among which are foreseen the advice and technical assistance, promote new investments and associative schemes between small and medium-sized producers and civil society organizations.

Also, to collaborate with the improvement of production infrastructures; to promote, support, and carry out research and experimentation, both private and state, to achieve the improvement of the production, industrialization, and commercialization of the cannabis plant, its seeds, and by-products, among others.

The initiative proposes tax benefits for the projects related to the activity, such as the exemption of the payment of the stamp tax to the acts coming from the activities included in the law; “to declare exempted from the payment of the tax on economic activities or any other tax that may replace or complement it in the future and that taxes the lucrative activity generated in the investment projects that are benefited by the regulation.”

Deputy Gladys Paredes, co-author of the bill, said that this initiative encourages the development of the industrialization of the cannabis plant for medicinal purposes, within the framework of the regulation of the national law. “The national law covers the medicinal oil and hemp industry, there is a regulatory framework for the transportation, export, cultivation, etcetera of the cannabis plant and seeds. We have the ideal climate; it opens the possibility of investments,” considered the deputy, who also highlighted that the province meets the conditions for cannabis cultivation.

Paredes also recalled that the Ministry of Health of the Nation approved several projects in the country, so it is estimated that by 2025 about 10 thousand more jobs will be generated, in addition to generating exports for about $50 million.

On the other hand, the legislator said that the current regulation establishes the creation of a control entity that will have the task of regulating production, accompanied by the Ministries of Health, Education, and Production, among other agencies.

Cannabis might soon be legalized in Salta

The approved opinion unifies the bill that had been approved by the Upper House. The bill was approved with a majority of the votes and passed to the Senate again for review.

In the treatment of this initiative, in the morning, the Health Commission of Deputies met with the Minister of Production and Sustainable Development, Martín de los Ríos, who talked about the work in the Regulatory Agency of the Hemp and Medical Cannabis Industry for the development of the activity in Salta and the steps taken since the enactment of the National Law.

“A consensus has been reached among all the agencies involved, such as the creation of a single window through which licenses will be entered and priority will be given to the transformation of those that had already been granted within the framework of Law 27.350 and that had research purposes”, explained De los Ríos, who is a member of the Agency.

The meeting was also attended by the representatives of the province before the Federal Council of ARICCAME, Gonzalo Guerinau, and Patricio Cernadas, who explained that there are five types of licenses established by the National Law: for cultivation, logistics, industrialization, commercialization, research, and trade.

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(Featured image by Yash Lucid via Pexels)

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