Colombia is Looking to Dominate the World Legal Marijuana Market

You might argue that Colombia already dominates the controlled substance trade in the world. According to the DEA, last year 92% of the cocaine in the United States came from Colombia. The South American country utilized to be the source of most of the prohibited marijuana in the United States till hydroponic and indoor approaches took over, and obviously state legal cannabis.

So, the Colombian federal government has handled a new position to marijuana, if you can not beat them, then regulate them. It is a viewpoint being adopted in states throughout the United States. But, it is Colombia’s intention to dominate the world cannabis market. Our stopped working drug war here in the United States and abroad in nations like Colombia is evidence enough for many lawmakers that legalization is the way to go.

“You are looking at history,” beamed Camilo Ospina, the lab-coat-wearing chief innovation officer for PharmaCielo Colombia Holdings, gesturing like a showman before a vast greenhouse of pungent cannabis plants. His business is among a fast-rising number of corporations looking for to take advantage of the “made in Colombia” label in a new age of legalization.

“Our benefit is that the Colombian brand name currently has a mystique,” he stated. “We wish to heighten that, so that the Colombian cannabis you currently know– the Punto Rojo, the Colombian Gold– is the marijuana you wish to buy.”

In 2016, the nation passed a landmark law legalizing medical marijuana for both domestic usage and export, laying the groundwork for the new market. The government began distributing the very first licenses to grow, process and export medicinal cannabis in September, approving 33 business so far. Legal growers such as Canadian-owned PharmaCielo are now raising test crops for upcoming line of product, with the very first commercial sales and exports slated for the coming weeks and months.

Colombia gold is a stress of cannabis out of Colombia that many people in the United States were cigarette smoking without probably understanding it. The nation has the right climate for cannabis cultivation, however should the United States just let this multi billion dollar market go to Canada, Israel and Colombia?

read more at washingtonpost.com

Leave a Reply