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Exploring Cannabis Funding Around the World – Latin America – Part 2

HCN Investigates – Cannabis Funding Details in Latam. With the notable exceptions of Uruguay and Colombia, the Latin American cannabis industry remains in its infancy. While Latin American cannabis will likely be worth more than $10 billion in a few years, investment into this blossoming market is relatively slow-going. Recently, the Colombian export agency ProColombia announced that more than $400 million has been invested into the Colombian cannabis industry, which is no mean sum. Compared to the $2 billion Canadian recreational cannabis industry, however, Colombia has a long way to go. (Graphic: Viviana Hershey) Cash flow within the Latin American cannabis industry In stark contrast to the European cannabis industry, ...

February 20th, 2021|

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