Colombia Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Colombia’s marijuana farmers want out of the shadows. Will the government ever legalize their harvest?

On a recent Friday morning, about 200 coca and marijuana farmers gathered in the small town of Cajibio, southwestern Colombia, to hear the government out. Colombian’s government was still licking its wounds after an initiative to legalize recreational marijuana had sunk in…

Colombia senate votes down recreational marijuana bill

Colombia's Senate voted down a measure to approve the sale of recreational cannabis to adults late on Tuesday, although supporters including the government of leftist President Gustavo Petro said they would continue to pursue legalization. The South American country already…

Petro: Colombia’s Next President and Cannabis

By Fred Rocafort, Attorney at Harris Bricken Gustavo Petro is Colombia’s next president, following his electoral win on June 19. The election of its first leftist president, together with its first Afro-Colombian vice-president, is no doubt a momentous event for…

With export restrictions eased, Colombia’s medical cannabis business is poised for liftoff

October 25, 2021
AggregatedNews
Colombia
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When Beatriz Porras was studying agronomy at university in Tunja, Colombia, she thought her career would lead to growing coffee, like her parents, or flowers, the traditional agricultural staples for the country's export market. Back then, growing marijuana was illegal,…

Colombia boosts budding cannabis industry by removing ban on dry flower exports

BOGOTA, July 23 (Reuters) - Colombia on Friday gave the green light for exports of dried cannabis for medical and other industries, as the Andean country took another step to develop its marijuana industry, where progress has been slow despite…

Stocks

Cannabis company growing weed in Colombia goes public in US

Most cannabis companies that list their stocks in the United States grow their products in indoor greenhouses, often in Canada. But a company named Flora Growth that went public on the Nasdaq on Tuesday is taking a different approach. Although headquartered in Toronto, its…

Colombian Producer Delivers Its First ‘Cost-Effective’ Medical Cannabis Export To Australia

COLOMBIAN producer Foliumed has completed its first export to Australia as it looks to support the country’s fast-growing medical cannabis market. Founded by former £2bn gaming CEO Oliver Zugel the new shipment boosts its presence to six countries following a…

Clever Leaves Successfully Delivers First Shipment of EU GMP certified Cannabis derived Pharmaceuticals from Colombia to Germany

PRESS RELEASE Clever Leaves expands global capabilities and development of market specific pharmaceutical products NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Clever Leaves (“Clever Leaves”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, today announced it has…

Government of Colombia Declares Clever Leaves Colombia as ‘Project of National and Strategic Interest’

PRESS RELEASE Priority Status Highlights Government Support; Accelerates Execution of Strategic Projects and Regulatory Processes NEW YORK, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Clever Leaves (the “Company”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that…

Risks and Rewards of International CBD Markets

August 20, 2020
Henry Baskerville
Canada, Colombia, Hemp Business Executive, Hemp Industry News, Israel, Mexico, Netherlands, Uruguay
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Investors in the CBD market are beginning to take a sharp look at the international arena as restrictions loosen and usage of CBD products grows in Europe, Latin America and beyond.As with all investments, there are risks to be considered…

Facing stiff competition, will Colombia’s marijuana industry go up in smoke?

A intense scent hangs in the air at the 15-hectare La Chacra medicinal cannabis farm in central Colombia, where marijuana plants blossom in the warm closeness of its huge, heavily-secured greenhouse. It is one of the world’s biggest crops, but…

Colorado’s average price of a pound of wholesale marijuana grows for fourth straight quarter

September 18, 2019
AggregatedNews
Colombia
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Like a hiker with a fourteener fix, the price of wholesale pot just keeps climbing in Colorado, according to the state statistics. Between May 1 and July 31, the average price of a pound of dried marijuana sold wholesale to…

Vinzan International Acquires Colombia Dreams Marihuana (CDM) to Form Vinzan Colombia

September 11, 2019
Press Release
Banking, Finance & Real Estate, Colombia
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PRESS RELEASE TORONTO--(BUSINESS WIRE)-- Vinzan International, Inc. is pleased to announce the 51% acquisition of Colombia Dreams Marihuana Inc. ("Colombia Dreams Marihuana" or “CDM"). Colombia Dreams Marihuana’s operations will fall under Vinzan International’s global umbrella and will be renamed “Vinzan…

Colombia Is Turning Into A Major Medical Marijuana Producer

September 9, 2019
AggregatedNews
Colombia
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Patricia Santiago and her family were forced to flee their home near Colombia's Caribbean coast after complaining about neighborhood dope dealers who, in turn, threatened to kill them. But in an odd twist, Santiago now works in the drug trade…

Clever Leaves First Colombian Company to Export Medical Cannabis to Canada

PRESS RELEASE Health Canada has authorized Clever Leaves to import dry cannabis flower for scientific purposes Bogotá, Colombia, February 7, 2019 -- Ecomedics S.A.S., (“Clever Leaves” or the Company”), a leading vertically-integrated Colombian licensed producer of pharmaceutical-grade medical cannabis serving…