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Cannabis in Latam: The next five years

In brief -Despite regulatory delays and the covid challenge, major socioeconomic trends continue to propel the cannabis industry. -The Latin American market remains untapped.  -Local firms, particularly in Colombia, Ecuador, Peru and Uruguay, should update their business models to take advantage of regional opportunities.  -If users and firms can work together to regulate adult use, …

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Cannabis investing: Avoid these 5 common pitfalls

-FOMO, confirmation bias result in irresponsible investments. -Identifying competitive advantages and applying lessons learned greatly mitigates risk. Investor´s appetite for the global cannabis industry continues trending up. As new markets come online with fresh regulation, like Mexico, Morocco or Ecuador, local entrepreneurs rush to capitalize on the opportunity. However, well established companies and start-up entrepreneurs …

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How land ownership laws impact cannabis investing in Mexico

The particular rural land ownership structure that exists in Mexico is a factor that must be carefully considered regarding the way either psychoactive cannabis or industrial hemp will be cultivated once they are authorized as expected by December 2021. According to article 27 of the Mexican Constitution and the Agrarian Law, three forms of land …

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Dried flower exports from Colombia? Prospects for 2021

Since late 2019, numerous representatives of the cannabis industry pointed out that exporting dry cannabis flower represents a major commercial opportunity for Colombia. As of April 2021, the government of president Ivan Duque, has considered the requests of industry leaders but has not made any decisions. Apparently, the economic emergency caused by the coronavirus and …

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Mexico moves forward: regulation for medical use

Last January, the Mexican government published the guidelines for the medicinal use of cannabis (Secretaría de Gobernación, 2021). The text describes the rules for the production of raw materials, pharmacological derivatives and cannabis medicines, and establishes the procedures for product  import and export. With this regulatory advance, the Mexican government launched the medical cannabis industry. …

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