Colombia have put in place international trade regulations for medical marijuana, CBD and other cannabinoids under a resolution.
These new rules allow companies already licensed to grow marijuana or hemp for industrial purposes, research and export to start the commercialization of a wide range of cannabis derivatives. The ministries of justice, agriculture, health, and commerce signed off on a highly anticipated resolution bearing the changes, which adds to a growing body of rules for cannabis in Colombia.
“This legislative action allows for a very rapid economic opening of the industry,” said Karen Castaño, Communications Director at the Latin American Industrial Hemp Association, which she also serves as ambassador to Colombia. “This is something we all looked forward to with great excitement.”
The export license rules apply to scientific and commercial uses of seed, grain, plant components, plants in a vegetative state, derivatives, and finished CBD, THC and other cannabinoid products for human or veterinary use.
This exciting news that pushes the potential of hemp and marijuana forward in the future.
