Translated From Spanish – Original Source
The province signed an agreement with the American company Player’s Network, dedicated to the medical marijuana industry. The Government of Gerardo Morales makes available a field of 14 thousand hectares and thus supply the laboratories of the country with the necessary oils for clinical trials, even to export these products.
As recalled in the report of the THC Magazine, the province of Jujuy had announced that it planned to establish mechanisms to begin promoting marijuana cultivation for medicinal purposes, but with no progress in the implementation of the recent medical cannabis law, this news really surprises.
At first, there was talk of moving production to Chile to develop the added value of derived products, but a specialized company learned about it and saw the opportunity to take advantage of the full cycle to produce on Argentine soil.
This is Player’s Network (PNTV), dedicated to the production of cannabis for medicinal and recreational purposes, which has cultivation licenses in Nevada and California. Along with the state company created by the government of Jujuy, Cannabis Avatara State Society, industrial hemp, cannabis for medical and recreational use will be produced with the aim of exporting to the United States, Canada and other emerging international markets.
As of today, the national laws in force only allow the internal distribution of CBD oils to hospitals for refractory epilepsy clinical studies, so one of the interests is to meet the internal demand for laboratories to carry out clinical trials.
This new partnership could become the largest legal cannabis cultivation project on the planet: the company will have at its disposal 14,000 hectares of land, almost 1,000 times the size of the largest legal farm in the United States.
According to Mark Bradley, CEO of PNTV at jujuyaldia.com.ar, “this project is one of the biggest professional challenges of my career. I worked intensely during the last months with an outstanding team of advisers and leaders of the Argentine government. I am pleased to see that a collective vision becomes reality with the realization of this agreement. My goal is to heal the world through cannabis oils and promote prosperity through the creation of economic opportunities for both the people of Argentina. “
For his part, Governor Morales said in statements to El Tribuno, that they see “in the development of the production and industrialization of cannabis for medicinal purposes not only the possibility of complying with the law and allowing thousands of people to legally access the medical cannabis products, but also the possibility of changing the productive matrix of the province of Jujuy, the creation of hundreds of jobs and the transfer of knowledge and technology “.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers