In recent years, Colombia has positioned itself as the star of the Latin American cannabis landscape.
An ideal climate for the plant, permissive legislation and low production costs have turned the country into a major hub for international cannabis investments.
Colombia started a path towards legalization in 1986, and by now has one of the most advanced regulatory systems in the continent. Companies there are allowed to file for licenses to grow and export CBD and THC products globally. The local market is growing steadily, with Khiron recently receiving permission to sell THC products to medical patients in the country.
The local industry is dominated by a few players that attract investor attention above others. Although part of a leading group, these companies feature very dissimilar business models that make up their most attractive characteristics. (More)