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.
The key aspect to commercialise cannabis derived products
As commercializing is one of the key stages in every productive project, being well aware of Colombia’s government imperatives is crucial in order to achieve the projected economic returns, and cannabis projects are no exception. Hence, one of the fundamental steps to follow is obtaining the sanitary register for the cannabis derived products to be marketed.
Time is running out for registering your cannabis seeds in Colombia
Since the cannabis industry in Colombia is still growing, it is fairly difficult to find stable developed seeds that are suitable for an industrial project. Colombia’s government has addressed that matter by instituting the legal figure of “Fuente Semillera”, which opens up a window for registering seeds before the Colombian Institute of Agriculture, as long as the application is presented before December 31, 2018.
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.
WE ARE READY
TO ASSIST YOU
Count on us for your next business decision in Colombia. Let us know more about your situation. You will hear from us within the next 24 business hours to arrange for a free consultation.