Colombia aims to become global export leader in medicinal marijuana in 2018

The City Paper Bogotá – Jan 11, 2018

Colombia could supply 44% of the global demand for medicinal marijuana in 2018 after the board of directors of the country’s Drug Control Fund authorized the harvest of 40.5 tons of this plant for export-only proposes. In an interview with Caracol – a leading Colombian radio network – the director of the Fondo Nacional de Estupefacientes, Andrés López, claimed that Canada could become the first beneficiary of Colombian-grown medicinal marijuana, followed by Argentina, Mexico, Peru and Paraguay. . . . Demand for Colombian cannabis has already attracted trans-national pharmaceutical companies, including PharmaCielo Colombia Holdings, a subsidiary of the Canadian medicinal marijuana company PharmaCielo Ltd. In December, the Colombian subsidiary announced that it has begun the process of planting both psychoactive and non-psychoactive medicinal cannabis strains at a nursery centre in Rionegro, Antioquia. “As the only grower to receive the necessary quota approval from the Colombian government, we are very excited to know that we will have our very first planting completed by December 31,” said Federico Cock-Correa, CEO of PharmaCielo Colombia. . . . PharmaCielo’s nursery covers an area of 27.7 hectares with 12.1 hectares dedicated to open-air greenhouses. …