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Cannabis Flower Sales In Colombia And The Small Producer Protection Myth: Ex-Official Says Most Companies Qualify

Benzinga ·  Oct 24 13:29

Article via El Planteo

Colombia is on the vergeof transforming its medical cannabis market with a new decree that will allow the sale of dry cannabis flower locally, benefiting both companies and patients.

However, while the decree is believed to protect small producers, it actually favors micro, small and medium-sized enterprises (MIPYMES) based on income, not excluding companies with large investments.

The classification of MIPYME in Colombia is determined by income, number of employees or assets, meaning that most cannabis companies will qualify under this criterion. This opens up the possibility for many companies, regardless of size, to...

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