Colombia: Market and legal data analysis of the cannabis sector

Brazilian pharmaceutical company acquires Colombian cannabis giant

Written by CannIntelligence | 30th September 2024

Brazilian pharmaceutical company Ease Labs officially announced the acquisition this month of Plena, a cannabis cultivation and extraction company based in Colombia ...

Brazil becomes top market for Colombia’s cannabis exports amid regulatory shifts

Written by CannIntelligence | 13th September 2024

In 2023, nearly a third – around $3.4m – of Colombia's total cannabis exports went to Brazil, driven by regulatory shifts and Colombia’s determination to dominate the international cannabis market ...

Recreational cannabis bill advances in Colombia’s Congress, backed by president

Written by CannIntelligence | 4th September 2024

Though Colombia’s efforts to legalise and regulate adult-use cannabis have failed in recent years, lawmakers and the president hope a new bill will receive the backing necessary to further develop its cannabis market ...

Near miss in Colombia could have been Latin America’s cannabis breakthrough

Written by CannIntelligence | 10th August 2023

Attempts to legalise adult recreational cannabis use continue to stall across Latin America, with Colombia the latest example there of a nation where what looked a promising bid has fallen short ...

Can health insurance bring Colombia a medical cannabis boom like Germany’s?

Written by CannIntelligence | 27th June 2023

Making coverage of medical cannabis mandatory for insurers is one of the biggest potential spurs for growth in the sector. And companies operating in South America hope Colombia could follow the German path ...

Colombian bid to legalise recreational cannabis sales falls at the final hurdle

Written by CannIntelligence | 22nd June 2023

In another setback to Latin America’s cannabis industry, a bill to legalise the sale of adult use cannabis in Colombia fell just short of the votes required in a final Senate debate ...

Colombia recreational cannabis bill in jeopardy after Senate debate fizzles out

Written by CannIntelligence | 19th June 2023

A historic law that seeks to legalise the sale and distribution of recreational cannabis in Colombia is in jeopardy of being shelved after the country’s Senate failed to vote on the initiative on 15th June...

Colombia ready to lead Latin America into a more cannabis-friendly future

Written by CannIntelligence | 5th January 2023

CannIntelligence reviews developments in cannabis regulation in Latin America in 2022 and looks forward to likely further opening-up of the industry in many of the region's nations in 2023 ...

A watershed year? 2022 sees cannabis on the rise, while CBD goes downhill

Written by Freddie Dawson | 30th December 2022

This past year has seen a curious crossing of paths in the world of cannabis and cannabinoids, with concerns around CBD increasing even as many countries make moves towards the legalisation of cannabis ...

Colombia sees explosion in medical cannabis exports since rules changed

Written by CannIntelligence | 2nd September 2022

The 1st April change to permit the export of medical cannabis from Colombia has sparked an immediate boom in shipments from the South American country ...

Colombia's new president out to end 'war on drugs' and legalise recreational use

Written by CannIntelligence | 30th August 2022

Colombia’s first leftist president says the “war on drugs” has failed and it is now time to look to formerly prohibited crops such as cannabis to boost the country’s economy and bring some justice to...

International acquisitions chase share of growing global medicinal market

Written by Lorraine Mullaney | 11th July 2022

The growth potential of demand for medicinal cannabis is inspiring cross-border acquisitions of pharmaceutical brands as businesses scale up to take a bigger slice of the global market ...

Incoming Colombian government has big plans for the country’s cannabis industry

Written by CannIntelligence | 8th July 2022

Colombian president-elect Gustavo Petro says he will prioritise development of the nation’s cannabis industry and is promising that he will improve regulation, expand the existing legal framework and clarify production regulation as well as decriminalise...

US at risk of missing huge opportunity in cannabis due to lack of federal reform

Written by Lorraine Mullaney | 31st May 2022

The US is in danger of being left behind the burgeoning global cannabis market because of a lack of political will to commit to any form of federal cannabis reform ...

Colombia at the forefront with two-tier THC limits for hemp plant parts

Written by Laura Garay Gómez | 31st March 2022

A two-tier THC limit providing more leniency for the production of flowers is the latest addition to Colombia’s strong cannabinoid regulatory foundations ...

South American legislation on cannabis and hemp will progress, if slowly, in 2022

Written by CannIntelligence | 8th February 2022

This is an important year for positive legislation affecting cannabinoids across South America, though some depends on election results and all of it will take a few years to take effect ...

Insurance rule 'a billion-dollar shot in the arm' for Colombian cannabis market

Written by CannIntelligence | 11th January 2022

Colombian insurance providers must now cover the cost of medical cannabis prescriptions, a move that could represent a “billion-dollar shift” in the market – and perhaps lay down a marker for other countries ...

Colombian insurance policy shows real intent to lead on cannabinoids

Written by Freddie Dawson | 6th January 2022

Colombia has joined a select few countries now demanding mandatory coverage of medical cannabis by health insurance providers ...

Cannabis companies go on acquisition spree for US stores and tech companies

Written by Lorraine Mullaney | 15th December 2021

Cannabis firms continued to expand their footprint through to the end of 2021, with the lucrative US market being the strategic focus of many acquisitions, covering retail chains and tech companies ...

Canadian firm Flora Growth picks Colombia for its cannabis production

Written by CannIntelligence | 22nd October 2021

Toronto-based Flora Growth believes increasing legalisation will eventually lead to cannabis becoming a commodity much like any other crop, and has chosen to focus much of its cannabis production in Colombia ...

Could Colombia's reversal on allowing medical cannabis flower exports impact the global market?

Written by CannIntelligence | 1st September 2021

There are always people claiming that new changes mean some such country will be "The next big X in cannabis or hemp". Recent examples include North Macedonia, Thailand, Brazil, Paraguay, Lesotho, Malawi, and of course,...

'Transcendental change' as president opens up Colombia to flower exports

Written by CannIntelligence | 26th August 2021

“Today, Colombia eliminates the prohibition of dried flower exports,” president Iván Duque said. “This means that Colombia will enter and participate in the international market in a big way.” ...

Investor funding drives company growth and increases cannabis research

Written by Lorraine Mullaney | 11th August 2021

New funding raised from investors will propel cannabis company expansion and research ...

Distribution deals show faith in future of European CBD retail

Written by Lorraine Mullaney | 22nd July 2020

Firms from Israel and South America are showing faith in the European CBD market, and its bricks-and-mortar retail, with distribution deals to place their products in a growing number of outlets ...

Brazil’s rule change is just what the doctor ordered for Canadian company

Written by Lorraine Mullaney | 5th June 2020

Countries in South America are becoming increasingly important markets for CBD, as the ink dries on a deal to distribute medical cannabis products in Brazil, where a change in regulatory policy has opened up trade...

New deals show how South America is gradually opening up to CBD business

Written by Freddie Dawson | 29th April 2020

Supply agreements for CBD continue to develop in South America, with new deals for distributing products in Brazil and an agreement in Colombia brought about by Canopy Growth’s change in strategy ...

US firm gets approval to sell $3 seeds in Colombia: business news in brief

Written by CannIntelligence | 26th March 2020

Also: £500k funding for online retailer; Hollister picks magic mushroom researchers; KushCo scales back trading prediction; HempNova prepares to grow and process in Oregon ...

PharmaCielo signs deal to move into German medical cannabis market

Written by CannIntelligence | 28th February 2020

A Colombian/Canadian cannabinoid company is rapidly expanding into the European Union with the announcement of two distribution deals ...

Rugby league stars to promote CBD brand on kit: business news in brief

Written by CannIntelligence | 21st January 2020

CBD-Intel brings you news that a rugby league team will be the first senior outfit in its sport to promote a CBD brand on its kit, a qualification for hemp production is offered in Kentucky...

US hemp farmers set up trade association: business news in brief

Written by CannIntelligence | 10th January 2020

CBD-Intel brings you news that hemp farmers in the US have set up their own trade association. a new CBD production line has been announced in China, and a German business is now taking orders...

Upcoming legislation set to propel Colombian CBD industry development

Written by CannIntelligence | 12th November 2019

Upcoming legislation in Colombia could help to clarify details between psychoactive and non-psychoactive cannabis, which in turn will help speed up the development of the CBD industry ...

CBD-Intel business news in brief, 19th-23rd August 2019

Written by CannIntelligence | 26th August 2019

Items from China, Thailand, Colombia, Israel, the US, Canada, UK and Ireland include news of the political leader’s son who is planning to open a hemp store, with dad’s blessing ...

In the zone – Colombia’s promised new rules lead to optimism over exports

Written by CannIntelligence | 23rd August 2019

A new government decree in Colombia is expected to boost the hemp/cannabis export market by as early as the end of 2019, leading to optimism about the industry in the country ...

CBD-Intel business news in brief, 1st-5th July 2019

Written by CannIntelligence | 8th July 2019

Elvis Presley CBD for your hound dog? CBD-Intel’s business news round-up includes items from New York, British Columbia, Ireland, the UK, Hong Kong, Israel, Australia and Colombia ...

CBD-Intel regulatory news in brief, 17th-21st June

Written by CannIntelligence | 24th June 2019

A round-up of the week’s relevant regulatory news in the global CBD market for CBD-Intel, with updates from around the US, Belgium, France, Latvia, and Colombia ...

CBD regulatory news in brief,
10th-16th June 2019

Written by CannIntelligence | 17th June 2019

A round-up of the week’s relevant regulatory news in the global CBD market for CBD-Intel ...

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