Articles written by Our Cannabis Sector Experts on Business news updates, Legal / Law changes, Regulatory updates, Industry reviews, Legal advisory, Accounting advisory, Expert Q&As and much more.
The nascent medical cannabis industry in Colombia opens new paths in terms of economic development and business opportunity. Various government, business and research needs regarding its ‘scientific use’ offer a range of commercial opportunities for those with a...
The world is watching Latin America, as key players lead the world’s developing cannabis industry. Looking at recent trial steps taken by the government, the market for cannabis in Paraguay appears to be one of the next to develop. Several countries have already...
Uruguay is one of the Latin American countries with the most stable economy, experiencing positive growth for almost 16 years now. Its GDP reached US$59.6 billion in 2018. Having achieved a 2% growth rate in 2018, its GDP is expected to continue to grow in 2019 and...
Latin America has taken a firm grasp of the global cannabis industry. This year Colombia is set to produce 40.5 tons of the medical cannabis plant, which is 44% of the global quota allowed by the International Narcotics Control Board (INCB). An increasingly lucrative...
As expected, Ecuador has been the most recent nation to join the unstoppable bandwagon – the medical cannabis industry. The Ecuadorian National Assembly passed legislation to approve the production, commercialization, use, and consumption of cannabis for medicinal or...
As the trend for legal cannabis production continues to sweep across Latin America, Ecuador moves one step closer to the plant’s legalization. In mid-September 2019, the National Assembly of Ecuador approved some proposed reforms to the Ecuadorian Criminal Code,...
In terms of the unfolding cannabis market, all eyes are on a handful of countries who have begun the process of decriminalizing the plant and its derivative products at varying degrees. Australia is considering law reform around cannabis use. Medicinal cannabis is...
Traditionally, New Zealand is famed for its vast agricultural industry and booming tourism sector. It’s a little-known fact, however, that New Zealand’s sector breakdown rewards agriculture as just a 6% contributor to the nations GDP. The services sector, however,...
Argentina is the third-largest economy in South America, with a gross domestic product (GDP) of about US$518 billion. The country has abundant natural resources (fertile land, strong mining sector). The country also has a highly educated workforce that allows it to...
Paraguay is now competing with regional powers for an increasing cut of the region’s foreign direct investment. Thanks to prudent fiscal policymaking, landlocked Paraguay pulled through troubled times when its major trade partners, Brazil and Argentina, were hit by...