Abusaid Gomez & Asociados has been a pioneer in providing legal structuring and legal support for the deployment of operations in the emerging medical cannabis market.
The firm has managed the application and processing of administrative licenses for planting, cultivating and manufacturing products derived from cannabis for medical purposes, and handles with expertise the recent regulatory framework that the Colombian government has issued in this regard.
To guarantee compliance with the ordering requirements, Abusaid Gomez & Asociados has the necessary technical expert team to design planting plans, safety protocols, sociocultural studies and other annexes that the interested party must have in order to carry out operations related to medical cannabis in Colombia.
We are part of the global network of Hoban Law Group, an international law firm established in Denver, Colorado and with presence in other major cities within the United States, that leads in the legal assistance of companies of the cannabis industry.
The new Draft of Regulatory Decree for Medicinal Cannabis: Part 3 - Protection of Small and Medium Cannabis Cultivators
In the third issue of our series, we will make some remarks on the most important changes the proposed regulation has towards the protection of small and medium size cannabis cultivators and the effect the proposed regulation has, regarding the applications for a license of fabrication of cannabis derivates.
What should we expect for the cannabis industry in Colombia as the new government takes power?
The presidential elections held on June 17 provoked many concerns among the cannabis industry, as president elect Ivan Duque, whose campaign was supported by an ultra-conservative party, sustained a strong anti-narcotics position that could be extended to medical cannabis, without regard to the obvious distinction between the two industries. However, since elected, Duque’s choices and statements have been rather positive towards the issue.
The protection of cannabis companies financial rights within Colombia’s legal system
Even when the government has fully regulated and legitimated the cannabis industry, unfortunately, financial institutions, and particularly banks, are still coming up with obstacles for cannabis companies to acquire financial services. However, cannabis companies should be well aware that these arbitrary exclusions are averse to the rights contained within Colombia’s legal system and, therefore, they can be taken down in a prevalence of national and international economic interests.
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