Colombian President Signs Decree To “into law that will expand revenue opportunities for domestic cannabis businesses inside and outside the country,”

MJ Biz have the story..

Colombian President Ivan Duque signed a decree into law that will expand revenue opportunities for domestic cannabis businesses inside and outside the country, a move some industry sources say could resuscitate a sector that has not yet come close to meeting expectations.

Duque’s decree lifts the prohibition on the export of dried medical marijuana and potentially expands distribution locally.

However, regulations establishing the goal posts for business opportunities still must be completed, and it remains to be seen when meaningful import markets for medical cannabis flower will develop.

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https://mjbizdaily.com/colombia-president-decree-lifts-prohibition-on-dried-medical-cannabis-exports/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20210819_NEWS_Daily

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