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EU GMP Certification

Ready, set, off we go to Europe!

Last week, Colombian LP Clever Leaves proudly announced they received Colombia’s first EU-GMP certification to produce Active Pharmaceutical Ingredients (API), thus placing Colombian production one step closer to international exports. Leading position The news was received by the industry as a complete game-changer and glimpse of hope, not only because of the current global halt, …

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El Cumplimiento como única vía para escalar en la industria del cannabis

Comprehensive compliance: the only way to grow in the cannabis industry

Jim Belushi says that before you have a cannabis company you have to have a compliance company. And we couldn’t agree more. In a hyper-regulated industry such as cannabis, it is vital that the regulations established by the entities that exercise control and monitoring are scrupulously followed. In Colombia, most of the licensed companies do …

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COVID-19 Challenges and Opportunities for the Cannabis Sector in Colombia

COVID-19: Challenges and opportunities for the cannabis sector

The Shock The cannabis stock crash of 2019 combined with the current public health situation has brought the global cannabis sector to an unprecedented situation: access to fresh capital is scarce. Companies in need of capital will need to adapt to this new reality by re-shaping its value proposition and convincing investors of their unique …

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MICC Colombia

On the launch of the MICC in Colombia: two sides of the same coin

The launch of the MICC (Information Mechanism for the Control of Cannabis) was always an imminent reality for the cannabis sector, as was the amendment to Decree 613/17. The face of hope With the grueling response times in the licensing process sometimes exceeding twelve months, the MICC is a hopeful ray of light for many, …

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Cannabis Opportunities in the Prominent Markets of South America

Updates and opportunities in South America’s prominent markets

URUGUAY In Uruguay, the regulation is complete and covers everything from industrial use to recreational use. However, the implementation of the standard and the development of capacities and knowledge of public institutions have been obstacles for the industry. Even with the newly positioned government, the industry does not see possibilities for a regressive orientation, as …

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Industrial hemp in Colombia

Non-photodependent industrial hemp: The new Colombian El Dorado

Expectations vs. reality Sources consulted at the Colombian Agricultural Institute (ICA) confirm that the institute expects an avalanche of PEAs (Agronomic Evaluation Tests) by 2020. The vast majority will focus on non-psychoactive cannabis varieties, since the delay accumulated in the Ministry of Health to process applications for cannabis processing licenses has many companies waiting for …

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Uruguay hemp summit 2019

Takeaways from the Uruguay Hemp Summit 2019

Hemp Today´s conference in Montevideo in November hosted the industry’s most active players in Latin America. 613 Partner’s delegation came back with the latest on legislative developments around the continent, innovative angles to monetizing hemp projects from the get-go, and a wide collection of exciting new partnerships prospects. A breakdown of what to look out …

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Cannabis regulation in Latam

Cannabis in Colombia: sector asks regulators for clarity of criteria

Our shining star The medical cannabis sector has been the star of 2019 in Colombia. Hundreds of articles have been written describing the medicinal benefits of the plant, the economic impact that the industry will bring to the country and the interest of foreign investors in the competitive advantages that Colombia presents to become a …

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CBD market in Colombia

CBD is dead. Long live CBD.

Clients repeatedly ask us for updated intel on current wholesale prices for CBD products such as crude oil, distillates and isolates. Although there isn’t a straight answer, or rather, a mature, unified liquid market, we point them to our favorite sources of information, such as Hemp Benchmarks. This market intelligence outfit, based out of Colorado, …

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