skip to Main Content
World’s Weed Growers Have New Rival to Fear From South America

Colombia, famed for the violence of its cocaine cartels, is planning a move into the more genteel drugs business of marijuana-based oils and creams.

The Andean nation’s climate and regulations make it ideally suited to profit from the incipient trade in legal marijuana, Health Minister Alejandro Gaviria said in a Jan. 8 interview in his Bogota office. The country legalized use of the drug for medical purposes last month.

“This is going to be a new commodity, there’s an emerging global medical marijuana business,” Gaviria said. “This year, we’re going to see international companies coming to Colombia to produce medical marijuana.” [Read More at Bloomberg Business]

Rob MeagherRob Meagher

Rob Meagher

Rob Meagher, CBE’s Founder, President and Editor-in-Chief is a 30 year veteran of the media world. His career has spanned from stints representing the Washington Post, USA Weekend, Reader’s Digest, Financial World & Corporate Finance to the technology world where he worked at International Data Group and Ziff Davis where he was part of the launch team for The Web Magazine, Yahoo Internet Life, Smart Business and Expedia Travels before starting his own marketing and Publisher’s Representative Firm. He also ran all print and online media sales and marketing for the Society for Human Resource Management before partnering with Forbes and then Fortune to create Special Sections covering a variety of topics. Rob, who started CBE Press in 2014, can be contacted at [email protected]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published.

Recent Stories

NECANN’s 7th Annual Maine Cannabis Convention September 24-25 in Portland

PRESS RELEASE The largest cannabis industry event in Maine returns to the Sports Complex in Portland for its 7th Annual Maine Cannabis Convention. Presented by NECANN, the event is designed specifically to help educate, promote, and develop state-wide cannabis resources and networking opportunities with 150+ exhibitors and 40+ expert speakers. Cannabis business professionals, investors, patients,…

Pot-smoking tourists not welcome in Thailand, says health minister

Thailand’s health minister on Wednesday discouraged tourists from visiting the country only to smoke weed, just two months after new laws were passed that have largely decriminalized the drug. “We don’t welcome those kinds of tourists,” Anutin Charnvirakul told reporters when asked about recreational marijuana use among foreign visitors. In 2018, Thailand became the first…

NYPD tows marijuana trucks from Times Square as weed sellers shell out $200K in parking fines

Times Square’s marijuana truck business is going up in smoke thanks to city government weed whackers. The NYPD seized 19 brightly-colored trucks and buses found selling cannabis-laced edibles without proper permits at the Crossroads of the World on Tuesday — just a day after Weed World, Times Square’s largest edible provider, paid off more than…

Malaysia aims to learn from Thailand in push for medical use of cannabis

Malaysia plans to learn from the cannabis policy of neighbouring Thailand in its effort to legalise use of the drug for medical purposes, a health ministry official said on Wednesday, in a country where possession can bring the death penalty now. The comments came after the Thai health minister said he would meet his Malaysian…

More Categories

Back To Top
×Close search
Search