Colombia

Colombia’s President Ivan Duque last week signed a decree lifting the ban on dried cannabis flower exports and expanding the sale of medical cannabis products.

Canadian cannabis company Flora Growth Corp., which cultivates medical cannabis in Colombia, started trading yesterday on the Nasdaq market.

Ryan Douglas is a Colombia-based cannabis consultant, a former master grower for Tweed, and author of From Seed to Success: How to Launch a Great Cannabis Cultivation Business in Record Time.

Former NBA player and coach Isiah Thomas has invested $3 million into One World Pharma, a licensed hemp and cannabis ingredient producer in Colombia.

Colombia’s Superintendency of Industry and Commerce has suggested the South American nation consider legalizing THC-rich exports for the global medical cannabis market.

With the opening of a new congressional year, Colombia’s opposition party has introduced legislation to decriminalize cocaine and regulate the drug’s production.

Canopy Growth Corp. has announced a series of changes for the Canadian company, including shutting down all of its operations in Africa, moving to an asset-light model in Latin America, and exiting the U.S. hemp cultivation scene.

Colombia’s Constitutional Court has ruled that the ban on public cannabis consumption is unconstitutional, effectively legalizing the public use of cannabis. According to one senator, the ruling was based on “technical legislative errors.”