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Medicinal cannabis is slow-growing business in Colombia

Thursday, March 30, 2017


Nearly 15 months after President Juan Manuel Santos of Colombia signed a decree that legalized the growing, sales, and export of marijuana for medical and scientific purposes, the process of obtaining the necessary licenses remains in a legislative limbo as the government hashes out the logistics of regulating a plant that has long been controlled by the black market.

The Ministry of Health, the agency charged with issuing licenses, has halted all applications related to medical marijuana “until further notice” while the Ministries of Justice, Agriculture, and Environment establish the specific procedures for implementing additional requirements imposed by Congress in May for companies seeking to launch medical marijuana businesses in Colombia.

Source: City Paper Bogotá