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3 Years Into Medical Cannabis, Colombia Looks To Legalize Adult-Use

It’s been three years since Colombia issued Decree 613, regulating cannabis for medical and scientific use across the country. The program has been generally considered successful, and has helped establish a cannabis industry that is leading the region in terms of regulatory development, production capacity and attraction of foreign capital. 

Now, a group of lawmakers is pushing for the next step: the legalization of adult-use cannabis in Colombian soil.

International groups re-affirm hemp exempt from global drug rules

International stakeholder groups, led by the European Industrial Hemp Association (EIHA), have re-affirmed that the hemp plant and its downstream products are not subject to international drug rules while also urging that the maximum THC level to distinguish hemp from marijuana be raised to a full 1.0%.

As the Legal Cannabis Market Grows, the Illegal Market Shrinks

A Congressional report quantifies what we all suspected was happening: Drug cartels are taking a hit as the legal cannabis market expands.

Legal marijuana entrepreneurs are finally starting to win the battle against a long-time enemy—the illicit market. For years, black market operators have undercut cannabis prices and taken away part of the cannabis market share.

Aurora Cannabis and Canopy Growth Corp. Are Racing To Build Competing Canadian Cannabis Retail Footprints

Although the Canadian cannabis retail sector has not lived up to the expectations that were associated with the 2.0 market, the industry has recorded major advancements so far this year. From the number of open retail outlets to the types of products that are being offered to consumers, the landscape of the Canadian cannabis retail market has been slowly changing for the better.

5 Reasons Why Cannabis Is A Space For Innovators And Investors

Investors and innovators are always looking for the best areas of growth in the public sector. Currently, investing in the cannabis industry has proved to be one of the most beneficial returns. With the current cannabis movement across the world, the emerging U.S. market has made investors even more eager to invest in this space.