Argentina steps up the competition
Argentina, a country which currently imports all medical cannabis supplies, announced it would open its first processing center for medical marijuana in Jujuy, Argentina.
Argentina’s state-owned cannabis Group, Cannava SE, and a subsidiary of Aphria (TSX:APHA, NYSE:APHA), ABP S.A., are partnering to fund and run the facility.
This announcement came in conjunction with a statement by the government that they would permit large scale cannabis cultivation for research only.
The plant, built in Finca El Pongo, an estate owned by the government for the facility’s protection, is in the cannabis growing region.
