“Investments That Generate Hope”: Inside Colombia’s Canadian Cannabis Boom

CannabisWire, Dec. 5, 2018

The nation has seen an influx of investment from Canadian cannabis companies, set in motion by its previous president. Will a new administration keep the momentum? … The department of Valle del Cauca houses one of the satellite operations of PharmaCielo, a cannabis company with headquarters in Toronto. PharmaCielo, in fact, is one of several Canadian businesses that have set up shop in Colombia in the last three years—with the government’s blessing. The proliferation of foreign cannabis companies in Colombia is due in part to its fertile soil and climate. The country boasts twelve hours of sunlight every day of the year, which allows for outdoor cultivation and an increased number of harvests. Colombia’s skilled labor force is another factor. “The cannabis flower, really, is just another flower,” David Gordon, PharmaCielo’s CCO, told Cannabis Wire. Local farmworkers, he added, many of whom have worked in the flower industry for generations, are not only good at growing high-quality cannabis, but are able to do so at an industrial scale. …