South America

Tue
26
Mar

Caribbean region emerges as next big cannabis marketplace

As a commercial cannabis industry is established in Jamaica, more Caribbean nations are moving toward decriminalization and establishing medical marijuana programs.

With regional leader Jamaica having recently exported its first cannabis products to Canada, other island nations of the Caribbean are readying their own proposals for either decriminalization, a legal medical market for cannabis, or both. 

After Jamaica, Saint Vincent & the Grenadines was next to strike out towards decriminalization, and it looks like Saint Kitts & Nevis are headed in that direction as well. Dominica and Grenada are also studying such proposals.

Mon
18
Mar

Country breakdown: Access to medical cannabis in Latin America

Latin America hosts some of the most progressive medical marijuana deregulations in the world. A total of eight countries have legalized some form of medical marijuana use across Central and South America.

Each country’s legislation permits different levels of cultivation, distribution, and manufacturing, which can represent significant monetary gains for investors and the nations themselves.

Here is PotNetwork’s overview of how deregulation is affecting distribution in Mexico, Colombia, Uruguay, Panama, Argentina, Chile, Peru, and Brazil.

Wed
20
Feb

This dominating marijuana stock has a (not-so) secret strategy for success

2019 has been a great year for marijuana stocks so far, and cannabis companies are enjoying strong growth. The opening of the Canadian recreational cannabis market was a landmark event for dozens of companies vying for position in the budding industry, and investors have tried to predict which players in the field are most likely to be long-term success stories.

Mon
11
Feb

PharmaCielo granted new cannabis licenses in Colombia as competition heats up in Latin America

PharmaCielo (TSXV:PCLO) (CVE:PCLO), a Canadian based medical cannabis investor with global operations in Colombia, announced last Wednesday that they had been granted a proprietary license for 10 unique CBD and THC strains under Colombia’s national cultivar registry. These licenses come as a part of a national shift for Colombia to regulate its illegal drug trade and bring global prominence to one of its major agricultural products.

The Latin American country decriminalized small amounts of marijuana in the 1990s. It was a blow to the United States whose never-ending war on drugs, particularly cocaine and marijuana from Colombia, had gone on for decades.

Mon
04
Feb

Joint venture between Dixie Brands and Khiron Life Sciences targets Latin America, U.S. markets

Dixie Brands Inc. and Khiron Life Sciences Corp. have signed a binding letter of intent to establish a 50/50 joint venture to introduce a full line of cannabis-infused products to the Latin American market.

As part of the agreement, “Dixie will also manufacture and distribute Khiron’s Kuida® brand of CBD-based cosmeceuticals in the U.S., targeting the growing Hispanic population,” reports Dixie Brands, which has been formulating THC- and CBD-infused products since 2009 and is one of the cannabis industry’s leading consumer packaged goods (CPG) companies.

 

Wed
30
Jan

Vicente Fox’s firm eyes Latin America as region opens to marijuana

Former Mexican president turned drug-legalization activist, Vicente Fox, sees a paradigm shift in Latin America as governments authorize marijuana use, embracing a drug that was once shunned.

Now, as markets open in a region of more than 640 million people, Fox wants the Canadian company he represents to supply the weed.

Khiron Life Sciences Corp., which Fox joined as a board member and adviser in 2018, is set to launch sales throughout Latin America this year, Fox said. The Vancouver-based company, which is already selling products in Colombia, will enter into a joint venture with Colorado-based Dixie Brands Inc. to market a line of medical products, using marijuana cultivated in four countries in the region. The deal is expected to be announced Wednesday.

Tue
29
Jan

This cannabis market will be bigger than America's and Canada's combined, according to CannaTech exec

Canada was easily the top cannabis newsmaker of 2018 after becoming the first G7 nation to legalize recreational cannabis. But 2019 could belong to Panama and the rest of Latin America, which is poised to become the cannabis industry's next big mover and shaker in the near future, writes James McClure.

Mon
21
Jan

Two groups of Caribbean Islands just changed their marijuana laws

Marijuana reform is coming to the US Virgin Islands as well as Trinidad and Tobago after both groups of Caribbean islands changed their cannabis laws recently, writes Calvin Hughes.

Fri
18
Jan

FoliuMed kicks off 70-ton hemp and cannabis cultivation in Colombia

Expectation is cultivation site offers one of the more favourable grow conditions in the world

Cannabis producer FoliuMed has completed the construction of its first greenhouses on a 16 hectare grow site close to Bogota, where the company will produce more than 70 tons of medicinal hemp and cannabis plants in 150 greenhouses.

“The plants will be processed into oils and sold as pharma-grade ingredients to international producers of cannabis medicine for stress, anxiety and sleep disorders,” notes a press release issued by Spring Capital, an investment firm that specializes in both international gaming and cannabis operations in regulated markets.

Thu
17
Jan

Cannabis testing market growth and technology advancement 2019 to 2025

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