Latin America Update: Marijuana business developments in Colombia

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By Alfredo Pascual (Part of Marijuana Business Daily’s ramped-up coverage of the global cannabis market includes a series examining recent marijuana legalization and business developments worldwide. Other installments focused on Uruguay, Chile and Argentina, and Brazil, Paraguay and Peru.) Traditionally known for its legendary black market, Colombia is looking to make “made in Colombia” a respected brand in the growing family of countries with a legal medical cannabis program, bolstered by a supportive government. In recent years, Colombia has developed the most comprehensive and sophisticated medical cannabis framework in Latin America. In addition, Colombian companies are seeking listings on major exchanges, increasing recognition as legitimate players in this space. Khiron Life Sciences, a Colombian cannabis producer began began trading on the TSX Venture Exchange under the symbol KHRN on Thursday. The nation has two primary categories of licenses available – both under the medical and scientific umbrella – with different opportunities for each. Latin America Update: Marijuana business developments in Colombia

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