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Colombian President discusses releasing Cannabis prisoners and Legally Exporting the Drug

Petro compared the country’s possible cannabis market with that of Canada.

Gustavo Petro, the newly elected president of Colombia, is talking about potentially legalizing cannabis during his first weeks in office.

In a recent summit with the country’s mayors, Petro talked about the perks of legalizing cannabis and possibly releasing those who have been incarcerated in relation to the drug.

“Let’s see if by exporting cannabis we make a few dollars because in part of the world, the drug is legal,” said Petro in a translation per Noticias RCN. “Why can’t the farmers from Cauca plant cannabis?” he asked, referring to a region in Colombia where farming is a big part of the business.


Flora Growth CEO meets with Colombian Senator as bill to legalize recreational cannabis is introduced


Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, announced today that the Company met with the author of a new bill to legalize recreational cannabis on the day the legislation was introduced to Congress.

Flora’s Chairman and CEO Luis Merchan met with Colombian Sen. Gustavo Bolivar prior to the bill's introduction to Congress on July 20. Bolivar, the key author of the bill, and Merchan discussed the top tenants of the bill, the bill’s implications for companies such as Flora in Colombia and what legalization means for the country’s burgeoning domestic and international cannabis markets.

Highlights of the discussion include:


Khiron opens new Zerenia clinic and medical cannabis pharmacy in Colombia


Khiron Life Sciences Corp. is opening a new Zerenia clinic location and a new retail pharmacy in Colombia.

The clinic is located in the city of Bogota, with a maximum annual capacity of 40,000 consults per year. (Benzinga)

In addition, the company has opened its first retail pharmacy location within El Ensueño shopping mall. This pharmacy will allow the company to sell medical cannabis products to patients outside its own Zerenia network and dispense high and low THC medical cannabis to insurance companies in the country.


Colombia Challenges Canadian Cannabis Dominance

In 2020, Canada became the largest exporter of dried cannabis flower in the world. Today, Canada is looking over its shoulder at a formidable competitor in Colombia, which recently instigated some legislative changes that position the country to become the global cannabis leader. Colombia was already recognized for its robust infrastructure, distribution and exports of certain cannabis products such as medicinal oils and extracts, but the country had a gaping hole in exports by keeping dried cannabis flower strictly verboten.


Colombia has made first legal shipment of cannabis to the United States

For the first time legally, Colombia exported to the US an extract with a high THC (tetrahydrocannabinol) content, the main psychoactive cannabinoid derived from cannabis and a controlled substance under international treaties.

On March 30th, the Colombian company NatuEra, a subsidiary of the Canadian Cronos Group, sent THC extract to the U.S. company Biopharmaceutical Research Company, which will use it for scientific research composition and safety of cannabis in vapor form. The results of this study will serve to guide the public policy discussions that are advancing in that country on the legalization of cannabis at the federal level through a responsible regulatory framework based on science.


Colombia Joins International Cannabis Market

Colombia is a country that’s been at the forefront of drug markets for quite some time, with a government ready, willing, and able to make updates to laws as needed. In its newest turn, Colombia is building its international cannabis export market, and creating new legislation to bring in more revenue.

In today’s world of cannabis, you can choose the THC you like the most. There’s delta-9 which is the standard THC. And then there’s delta-8 THC, a newer version which causes less psychoactive reaction, and less overall anxiety. Which THC is better? Check out our sweet Delta-8 THC deals and figure out which one works best for you.


The Colombian Senate approves the legalization of recreational cannabis

Colombian city sky line

The Colombian Senate approved the first initiative to regulate the use of cannabis by adults and paves the way for legalization. The Senate bill seeks the creation of an entire regulatory framework that would include the creation of the Colombian Institute for the Regulation of Cannabis, Icoreca. The legalization of cannabis would create jobs and would bring a lot of money into the state’s coffers.


Recreational Cannabis in Colombia – Coming Soon?

Flag of colombia colours on a marijuana leaf

In the last few years, Colombia has been shaping up its legal cannabis policies, legalizing medical cannabis and quickly joining the global medical cannabis market. Now, new legislation climbing its way through Colombian Congress, means that recreational cannabis in Colombia is one step closer to becoming a reality.

The world of legal cannabis is a fast-moving and fascinating place.

Colombia and drugs in general

Before getting into the specifics of cannabis law in Colombia, and whether recreational cannabis in Colombia will happen, it’s important to understand the situation that Colombia is in with its drug trade.


Medical cannabis in Colombia: the law and the future

Medical cannabis expert Dr Sandra Carrillo details the history and future of medical cannabis in Colombia.

Dr Sandra Carrillo is a medical doctor and renowned expert in the medical use of cannabis and cannabinoids, with certifications in cannabis medicine from the University of Puerto Rico’s School of Pharmacology and Oaksterdam University in California.


Cannabis Is Coming! The Latest On Colombia And Mexico

Columbia lawmakers say the regulated sales of cannabis could help counteract the negative economic impact of the COVID-19 pandemic.

As many of our readers will know, the U.S. House of Representatives is set to vote on nationwide decriminalization of marijuana this month under the MORE Act. If legislators in Colombia and Mexico have their way, the House’s counterparts in two important Latin American economies could be following its steps.


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