Colombia’s climate and farming industry are perfect to dominate the global cannabis market. With its equatorial sun and tropical rain, Colombia has soil conditions and climate ideal for growing cannabis.
Colombia legalized cannabis for recreational use six years ago, decriminalizing possession of up to 22 grams of dry flower and personal cultivation of up to 20 plants.
In December 2015, Colombian President Juan Manuel Santos signed a decree legalizing medical cannabis, approving the commercial cultivation, processing, and export of medical cannabis products such as oils and creams, though not the flower.
Cannabis advocates celebrated claiming that as many as 400,000 Colombians suffering from medical conditions could benefit from the change. Industry sources put the country’s potential market at three to six million patients. Since then, government ministries have worked together to create a set of laws that allow businesses to research, cultivate, and extract products from medical cannabis.
Columbia is one of the few countries that allow businesses to ship cannabis abroad. In addition to having a comprehensive regulatory regime, it also has experienced agricultural workers as well as soil conditions, sunlight and rainfall that are ideal for growing cannabis.
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