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The Challenges of Medicinal Cannabis in Colombia

In July 2016, the Colombian government enacted Law 1787, which regulates the use of medicinal cannabis and its trade in the country. With this decision and a series of subsequent resolutions, Colombia joined the more than a dozen countries that have put into practice different types of regulation to explore the advantages of this plant as an alternative pharmaceutical.

 

The 3 Most Volatile Cannabis Stocks

Cannabis is likely to be one of the fastest growing industries over the next five to 10 years. The State of the Legal Cannabis Markets report from Arcview Market Research and BDS Analytics suggests it's an industry that could see worldwide sales nearly quadruple from $10.9 billion to $40.6 billion between 2018 and 2024. Meanwhile, investment bank Stifel has a pie-in-the-sky global annual sales target of $200 billion in place in a decade.

JAMAICA | Cannabis Can Provide Big Boost For Tourism

Minister of State in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. Floyd Green, says the growing global market for cannabis provides the opportunity for Jamaica to become a first-choice destination for travellers who want to use medical cannabis.

Mr. Green, who was speaking at the official opening of Apollon Formularies Limited in Westmoreland on October 25, said “the fact that Jamaica is already a world-renowned hospitality and tourism destination is a guaranteed formula for a successful cannabis industry”.

EXCLUSIVE | The success of the 2019 Cannabis World Congress & Business Expo | Boston, Massachusetts

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The Cannabis World Congress & Business Expo wrapped up on Saturday, October 26th. Held at the Haynes Convention Center in Boston, Mass., this show is focused on business-to-business within the legalized cannabis industry and is one of three CWCBE Shows held each year.

128 Million People About to Gain Access to Legal Pot: What It Means for Marijuana Stocks

Right now, around 41 million people have access to recreational marijuana that's legal at a federal level. Two countries have legalized recreational pot -- Canada and Uruguay. We can't include the millions of Americans who live in the 11 states that have legalized recreational marijuana in our total since marijuana remains illegal at the federal level in the United States.

Hemp for profit? New crop faces questions over market viability, sustainability

MARION — One of the most notable elements in the farm bill signed by President Donald Trump last December was the legalization of industrial hemp.

At the time, the bill’s provision removing industrial hemp from the Controlled Substances Act was hailed by advocates and environmentalists as a measure that would allow farmers to diversify their crops and maintain profit margins in the face of droughts and market volatility.