Although it was sanctioned almost two years ago and still does not work , the current law in Argentina for the medical use of the plant only allows the internal distribution of CBD oils (a non-psychoactive component) to hospitals for clinical studies of refractory epilepsy , exclusively.
For this reason, through the newly formed company, which integrates Green Leaf Farms Jujuy (subsidiary of Player’s Network) and Cannabis Avatãra Sociedad del Estado , owned by the province of Jujuy, they intend to supply the country with all the necessary oils to carry out those clinical trials. And they bet on a future where they can respond to the demand of patients of other ailments (since refractory epilepsy is only for children and represents a tiny portion in the universe of cannabis users).
The new company obtained permits to grow, extract, manufacture and export cannabis-based products to other countries where these products are legal. Occur industrial hemp(can be made fabrics, fibers, food, bricks, among other options), cannabis for medical use . These operations will be financed entirely by Green Leaf Farms Jujuy.
“This new joint venture will be the largest cannabis cultivation legal project in the world,” said Mark Bradley , CEO of the foreign company. As explained by the entrepreneur, the crops will be carried out in a historic farm 100 years old. And the agreement guarantees the provision of fresh water fed by two rivers with a source of modern electricity supply. “The land that has been allocated for the Joint Venture is almost 1,000 times larger than the largest legal cannabis farm in the United States,” they explained.
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