Introduction
Colombia has been a pioneer in the legalization and regulation of cannabis in Latin America. Since it began its path toward legalization in 1986, the country has developed one of the most advanced regulatory systems on the continent. In this article, we will explore the main cannabis companies in Colombia and their role in the industry.
Flora Growth
One of the prominent companies in the Colombian market is Flora Growth. Based in Miami, United States, Flora Growth has positioned itself as one of the main cannabis producers in Colombia. Their cultivation farm, located in Bucaramanga, covers more than 247 acres and is licensed to grow cannabis naturally. Flora Growth is notable for its focus on sustainable production and its diversified business divisions, including Flora Lab, Kasa Wholefoods and Flora Beauty.
Allied Corp.
Another important company in the Colombian market is Allied Corp. Based in Canada, Allied Corp. specializes in healthcare solutions with cannabinoids and psilocybin. The company has products in the pharmaceutical development phase, with possible indications for depression, anxiety and PTSD. Allied Corp. has established a strong presence in Colombia, meeting European Pharmacopoeia quality control standards in its large-scale production.
Clever Leaves
Clever Leaves is another prominent company in the Colombian market. Based in the United States, Clever Leaves is dedicated to the production of medicinal cannabis and hemp extracts. The company has more than 16.7 hectares of greenhouses in Colombia and has positioned itself as one of the main cannabis producers in the country. Clever Leaves has also obtained authorization to operate in Portugal and markets its products through its B2B wholesale platform, Clever Leaves 360.
One World Pharma
One World Pharma is a company based in Las Vegas, United States, that specializes in hemp ingredients. The company has obtained four licenses in Colombia and has focused on the research and development of hemp-derived products. With cultivation operations optimized for R&D, One World Pharma is committed to innovation in the cannabis industry.
Khiron
Khiron Life Sciences is a vertically integrated cannabis company with primary operations in Colombia. The company focuses on three business segments: Medicine, Health Services and Wellness. Khiron markets THC and CBD products to pharmacies in Colombia and has been selected to supply cannabis products to Project Twenty21 in Europe. With an annual cultivation capacity of 8 thousand kilos of dried flower, Khiron is positioned to be an important player in the global market.
Avicanna
Avicanna is a biopharmaceutical company focused on the development and commercialization of cannabinoids for the medical cannabis, health and wellness markets. Based in Canada, Avicanna grows and processes cannabinoids through its subsidiaries in Colombia. The company has established collaborations with renowned academic and clinical institutes for the research and development of its products. Avicanna also has brands such as Rho Phyto and Pura Earth, which offer cannabis products in Canada, the United States and Colombia.
PharmaCielo
PharmaCielo is a cannabis cultivation and extraction company based in Canada. The company operates in Colombia through its subsidiary PharmaCielo Colombia Holdings. With more than 12 hectares of cultivation in outdoor greenhouses, PharmaCielo is one of the main players in the Colombian market. The company focuses on the production of medicinal grade CBD and THC extracts, which are used in final products and distributed internationally.
Conclusion
These are just some of the top cannabis companies in Colombia. The country has become a major player in the cannabis industry, thanks to its favorable climate, permissive legislation, and low-cost production capacity. With a growing global market, these companies are expected to continue expanding and playing a key role in the cannabis industry in Colombia and internationally.
