Growing and selling cannabis for medical and/or research purposes is an infant industry in Colombia. Since 2016, it has been fully regulated under Law 1787 of this same year, which has allowed for cannabis medical supplies and products to be grown and processed; subsequently Decree 613 of 2017 determines the conditions for these practices.
While this industry is new and still developing in Colombia, its potential is great to be positioned as a key sector in the economy considering the following conditions surrounding it: free trade agreements with key countries for exporting medical cannabis, Colombia’s climatic conditions, the great availability of qualified labor at competitive prices, and large areas of land that can be used for crops.
In order to perform this activity, the interested party must first obtain certain licenses that are generally issued for a five-year period, may be extended and cannot be transferred to third parties. Depending on the type of activity to be performed, the interested party must obtain one or more of the following licenses:
- A license to manufacture cannabis derivatives, issued by the Ministry of Health and Social Protection.
- A license to use the seed for sowing, issued by the Ministry of Justice and Law.
- A license to cultivate psychoactive cannabis plants, issued by the Ministry of Justice and Law.
- A license to cultivate non-psychoactive cannabis plants, issued by the Ministry of Justice and Law.