Colombia Could Become the Largest Legal Marijuana Supplier in the World

Colombia has struggled for decades with rampant illegal drug trafficking in the country. But now the country's hoping to fix that problem by becoming a leader in legal marijuana.

In 2016, Colombia legalized medical marijuana and also allowed citizens to grow a limited amount of cannabis at their home for personal use. The country is also allowing their licensed medical marijuana growers to export their plants to other countries, which they hope will allow the country to become the "Saudi Arabia" of cannabis.

Colombian officials believe their country has a few natural advantages to become the world's leading cannabis exporter. One is that they have the perfect climate for growing the drug. And the other is brand awareness. People know about Colombia's history of exporting drug, albeit illegally, and that reputation also means people trust the quality of the country's product.

The biggest issue for Colombia is actually finding places to export their cannabis. The biggest and most obvious place would be the United States, but the federal government doesn't allow marijuana imports, and even states with recreational marijuana don't allow it either. And places where they would be able to export their products, such as Canada and parts of Europe, are also looking into becoming cannabis exporters as well.

The biggest market will probably be Latin America. A number of countries in Central and South America have decriminalized marijuana or begun allowing medical marijuana, and Uruguay became the first country to legalize recreational cannabis. If these countries continue pursuing liberal marijuana policies, they could become major markets for Colombia growers.

Although a TV show about someone legally exporting cannabis would be a lot less interesting than Narcos.

(h/t Cannabist)

Latest.

For cannabis companies looking for a full range of support services, consulting company Counsel 45 announced on Tuesday its official launch with services in the United States and Canada. The company offers trusted advisors to assist companies in navigating various sectors of the cannabis industry, covering everything from compliance to research. Counsel 45, itself, is a collective alliance of industry thought leaders and experts, fluent in the esoteric nuances of the constantly evolving landscape of cannabis.

Can we see some ID please?

You must be 19 years of age or older to enter.