“The coming year will be a period of consolidation for Colombian cannabis companies,” said Rodrigo Gomez.
Growers and refiners will begin testing products and honing in on a marketable portfolio. Investment is coming to Colombia because of the quality of the terrain."
Why This Matters to Cannabis Investors
Colombia has worked diligently in recent years to become one of the most sophisticated and comprehensive medical cannabis markets in Latin America. With a clear regulatory framework and the potential for large-scale, low-cost
production, Colombia could
become one of the largest global export leaders of medical cannabis.
“Colombian leadership is notable in the region. After three years of legalization, the emerging industry in Colombia has attracted the biggest foreign investment in Latin America to date ⎼ $440+ Million USD has been deployed. The Colombian industry currently has 350 licensees and approximately 1,700 in process for small cultivars.
This makes the Colombian industry ripe to generate an optimal investment portfolio where risk can be mitigated and profitability margins can be increased.” ⎼ Carol Ortega Algarra
The Venue ⎼ Hotel Sheraton, Bogotá
The Sheraton Hotel is situated in the Salitre district of Bogotá, a quick ride from the El Dorado International airport. The 5-Star hotel features a casino, an outdoor swimming pool and a golf course on site. This area of Bogotá thrives in modernity with many upscale living spaces, shopping centers, boutiques, cafes, and nightclubs. By day, it is also home to many multinational corporations.
Colombian industry currently has 350 licensees and approximately 1,700 in process for small cultivars.
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