Colombia Authorizes Cannabis Flower Exports For Commercial Purposes
BOGOTA – The Colombian government will authorize the export of dried cannabis flower for commercial purposes. Currently, Cannabis flower exports from Colombia have been authorized only for scientific purposes.
Superintendency of Industry and Commerce (SIC) – a government agency that promotes fair business practices – recommended to the Ministry of Health of the country to modify current regulations and allow flower exports. This would allow companies not to have to eliminate excess unprocessed cannabis.
The amended law is receiving comments until next Sunday from Colombia’s ministries of Health, Justice and Agriculture, and once signed off should start selling non-medical cannabis to the world.
However, it could be some years before Colombia’s cannabis can take advantage of export markets which are mostly currently supplied by Canada.As of October 2020, total cannabis exports from Colombia amounted to only $5 million, according to a report issued by Asocolcanna, the main cannabis industry association in Colombia. Most of those exports involved shipments of CBD to the United States, followed by the United Kingdom and Australia.
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