La banca y la industria del cannabis en Colombia
Es bien sabido que Colombia es uno de los destinos más deseados, y en boga, para el desarrollo de proyectos de cultivo y extracción de cannabis y sus derivados. También es bien sabido, desafortunadamente, que el sector bancario ha rechazado en su mayor parte, la apertura de cualquier producto financiero para la compañía el común de las compañías de cannabis.
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.
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The New Draft of Regulatory Decree for Medicinal Cannabis - Part 2: Proposed Regulations on International Trade
The first article of our weekly series explained and analyzed the changes in the general requirements for application to every cannabis license issued in Colombia. In our second delivery we will analyze the differences between the current regulations and the Draft Decree regarding international trade operations (import and export) of cannabis.
The new draft of Regulatory Decree for Medicinal Cannabis: Part 1 - Change to the general requirements of license applications
The Ministry of Health has proposed a new Draft Decree regarding the Safe and Informed Access to the Use of Medicinal Cannabis, to replace the current one (Decree 613 of 2017). This is the first of a series of weekly articles explaining the most important changes that the new Decree will bring. In this article we will analyze the new general requirements for all cannabis licenses and its effect on license application.
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.