Canadian medical cannabis producer Pharmacielo has secured a license to manufacture MMJ products in Colombia, the first of what will likely be many companies to win a permit in the Latin American country.
In fact, Colombia could prove a fertile business opportunity for many expansion-minded cannabis companies from around the globe.
“There is no limit on the number of licenses we plan to hand out,” Colombian Health Minister Alejandro Gaviria said during a press conference, Fusion reported. “Any firm that meets our requirements will get a license.”
So far, seven companies have applied, according to Fusion. But it did