Colombia gave the green light Friday to export dried cannabis flowers for use in medical products in addition to allowing manufacturers to produce goods such as textiles or food containing the plant.
In a bold embrace of a booming global market, President Ivan Duque signed a decree ending “the ban on the export of dried flower” in an event organized at Clever Leaves, one of the 18 multinationals that grows medicinal cannabis in Colombia.
Colombia “is coming in as a major player in the international market” for cannabis, Duque said.
Colombia, the world’s top producer of cocaine and which has major cannabis production, legalized the production of medical marijuana in 2016.
Until now, however, it was only allowed to export extracts of the plant, not its flowers.
Authorities had feared that exportation of the flowers would allow them to be diverted to the illegal side of the trade.
In a letter sent to Duque on July 14, the cannabis cultivation company Canamonte argued that a rule against exportation of the flowers prevented growers from “accessing the largest and most profitable market segment of the medical cannabis industry.”
Flowers, which concentrate the plant’s medicinal and psychoactive compounds, “may represent 53 percent of this market worldwide,” according to Duque.
The new authorization also allows for the manufacture of “non-psychoactive derivatives” from the plant.
“We are no longer only in pharmaceutical use. We are opening the space to do much more in cosmetics… food and beverages” and even textiles, the president said.
Fabian Currea, Canamonte’s director of cultivation, told AFP that ending the ban on exporting flowers “gives us the chance to explore new markets” and take advantage of the plant’s low production costs in Colombia.
The rule also “helps control the informal market for fraudulent products” based on marijuana that has had a recent boom in Colombia, Currea said.
The government estimates that by 2024 the medical cannabis business could become a $64 billion industry.
Other countries in the region such as Uruguay, Ecuador and Peru have also legalized the production of marijuana for medicinal purposes. (AFP)
About the Author
senior dating site
stefani schaefer dating
write a descriptive essay
writing a college application essay
writing a compare and contrast essay
writing a response essay
thematic essay
college essay writing help
best sex games on the internet for free
valentine sex games
having sex on games
lnteracial roon comic sex games
hentai sex porn games
jsk games gray sreening at sex seanes how to fix
play free online sex games
disney princess sex games
wetpussy sex games
sex games roblox
toon sex games
free cartoon sex games
keto carnivore diet
keto diet meatloaf
dr. axe keto diet
taco bell keto
keto for women
keto diet vegetables
informative essay examples
what an essay looks like
essay on colorblindness
example of a toulmin essay
best custom essay writing service
who to write an essay
persuasive essay format
show me a sample essay
writing persuasive essays
best vpn service 2019
download best vpn
best vpn service
essay types
essay topics to write about
essay contests
local gay sex chat
gay chat room finding sex
live gay chat
thinking critically about critical thinking
improve critical thinking
critical thinking in social work
what are the four elements of critical thinking?
critical thinking activities for adults
define critical thinking skills
lab aseptic technique critical thinking #4
the role of perception in critical thinking
definition of critical thinking articles
argument essay topics
ap lang argumentative essay example
how to start college essay
gay couple chat
gay pnp freegay chat denver
gay chat room carneys point
free dating gay sites
when a secretive commitment phobic guy you are dating is really gay
gay dating sites in kingston ny
best gay dating apps
best dating website for gay man to pay for
gay dating simulator
gay male dating sites
gay male 65 + dating
best gay dating sites for southwest florida
free gay sex dating
gay dating game fuck
gay catholic dating
writing a dissertation
guide writing dissertation
how to write a draft dissertation help
thesis dissertation writing services
a dissertation
dissertation editing services
dissertation help near me
uf dissertation award
dissertation writing service uk
dissertation chapters
cheap dissertation writing
dissertation proposal
writing dissertation and grant proposals
writing a rationale for a dissertation
writing a phd dissertation
best dissertation help service
defending dissertation
dissertation help service singapore