The South American nation of Colombia has been a significant exporter of cannabis for a lot of a long time, albeit in an unlawful vogue. The nation is extra generally related to the illicit cocaine business, nevertheless, Colombia has additionally lengthy been residence to a vibrant cannabis cultivation group.
Colombia is now poised to be a significant authorized exporter of cannabis to nations around the globe on account of quite a few causes, not the least of which is its local weather which is good for cultivating cannabis. Per NPR:
Colombia sits close to the equator, giving it 12 hours of day by day daylight year-round. In contrast, nations with seasonal differences require the intensive use of synthetic lights, which drives up manufacturing prices.
As an rising enterprise it’s unclear how the medical marijuana enterprise will play out. For instance, it stays unlawful to import marijuana-based merchandise into the US. Because of authorities forms in Colombia, it may well take months or years for startups to safe the correct permits and licenses.
But the uncertainty hasn’t stopped firms from betting massive on cannabis.
Land and labor are low cost in Colombia in comparison with different nations that allow the authorized manufacturing of cannabis. That, mixed with the nation’s ideally suited cultivation circumstances, makes the nation the proper place to domesticate an unlimited quantity of cannabis that may be provided to different nations around the globe.
To get an concept of the place Colombia will doubtless rank within the international cannabis business sooner or later, think about the truth that sungrown cannabis will be cultivated at a price of roughly $7 per pound in Colombia. Just about no different nation can match that price of manufacturing, particularly at a high quality stage that matches Colombian cannabis.
Colombia remains to be coping with a considerable amount of stigma because of the drug warfare, and whereas a number of that’s born out of Colombia’s cocaine commerce, the nation’s cannabis business will get caught within the crossfire. That, in flip, makes Colombian lawmakers and regulators hesitant to open up the business in a extra vital vogue.
Nevertheless, as time goes by Colombia’s management will little question see the worldwide demand for authorized cannabis rising, the stigma surrounding the cannabis plant diminishing, and can acknowledge that Colombia is uniquely positioned to reap the benefits of the alternatives within the international cannabis market.
When that occurs Colombia could very nicely turn into the highest cannabis exporting nation on the planet.
Concerning the Worldwide Hashish Enterprise Convention
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