Argentina is eyeing its potential for developing domestic medical cannabis market and building a cannabis export industry. It has ordered insurers to cover prescriptions for marijuana-based medications.
The country's National Seed Institute has currently authorized 13 traceable types of cannabis seed. Researchers from the medical cannabis research and development center in Santa Fe province are working to help producers experiment with different genetics.
Argentina is hoping the industry could generate 10,000 direct jobs, $500 million in domestic sales and $50 million in exports by 2025, according to a report from the Ministry of Productive Development.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.