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The impact of cannabis on Colombian exports

by vivirtusalud
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The economic potential of cannabis in Colombia

The cannabis industry in Colombia has experienced significant growth in recent years. Currently, there are 674 companies authorized to manufacture cannabis derivatives in the country. Companies such as NatuEra, Green Health, Clever Leaves and Tarkus Pharma Lab are some of the leading companies in this sector. These entrepreneurs are optimistic about the potential that cannabis has to boost businesses. economic figures of the country

The release of licenses and its impact on exports

The release of licenses to manufacture cannabis derivatives would not have a significant impact on exports, according to some companies in the sector. Although the number of licenses granted amounts to 2,355, exports from authorized companies have reached US$4 million until June 2022. [[3]](https://masymejor.com/experto-seo/). The main demands come from countries like the United States and Australia

The challenges of the cannabis industry in Colombia

Despite the growth of the cannabis industry in Colombia, there are some challenges facing the sector. For example, the intention to release all licenses has generated reservations among some businessmen [[3]](https://masymejor.com/experto-seo/). In addition, access to financing and the lack of support from the National Government are other obstacles that companies in the sector face. However, they recognize that the regulation and export of cannabis have made important progress in the country.

The role of licenses in the control and traceability of cannabis

Licenses are considered a mechanism to exercise control and have traceability over cannabis. However, some businessmen argue that it is necessary to facilitate the participation of communities that have barriers to accessing licenses [[3]](https://masymejor.com/experto-seo/). Furthermore, it is important that regulation focuses on public health and the civil liberties of Colombians [[3]](https://masymejor.com/experto-seo/).

Conclusions

In summary, the cannabis industry in Colombia has experienced significant growth in recent years. Although the release of licenses would not have a significant impact on exports, there are challenges facing the sector, such as access to financing and lack of support from the National Government. However, the advances in the regulation and export of cannabis in the country are recognized. It is important that regulation focuses on public health and the civil liberties of Colombians [[3]](https://masymejor.com/experto-seo/).

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