cannabis

Medicinal Cannabis in Ecuador: Legalization to Spur Commercial Boom

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 therapeutic treatment on 17 September 2019. This makes Ecuador the fifth Latin American nation in quick succession …

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Ecuador One Step Closer to Cannabis Legalization

Ecuador One Step Closer to Cannabis Legalization

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, including reforms related to cannabis consumption. Although a small change in legislation, this is a large …

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Opportunities to Export CBD Oil to Australia

Importing and Exporting Medicinal Cannabis Products to Australia

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 permitted under Australia’s legal framework, and import channels are open to opportunistic entrepreneurs …

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Argentina Draws Investment into Cannabis Industry

CBD Oil Imports a Valuable Opportunity in Argentina

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 have its high-tech industry as an economic leader. For some years now, the global …

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Why are Brazilian Businesses and Investors Flocking to Paraguay?

Why are Brazilian Businesses and Investors Moving to Paraguay?

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 the 2008 global financial crisis. The country has experienced positive economic growth since the arrival of …

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