Cannabis Production landscape in Columbia With the end of the probation in marijuana processing, cultivation, and extraction in Columbia, many cannabis businesses from all over the world are hoping to be pioneers in the emerging market. One of the most prominent biodiverse places on earth, and the natural paradise of incredible proportions, Columbia is now a new home of the best cannabis strains in the world. For the last few years, the country has been shifting away from its former Drug Warstyle prohibition and dealing with cannabis in the USA, Mexico, and several other countries throughout the world. There is an increase in the new brands that are focusing on cannabis production to meet the growing demand for it. The global legal marijuana index was valued at USD 9.3 billion in 2016. Moreover, it is expected to exhibit a CAGR of 34.6% during the forecast period and is also expected to become more prominent in the traditional culture and cannabis-related careers.Below are the most comprehensive medical marijuana frameworks for you to understand more about the opportunities provided by Columbia's cannabis production to the economy.
Green Rush, Gray market As an epic and thrilling travel destination due to the white sand Caribbean beaches, Colombia is one of the world-class archaeological sites on the globe right now. The other things that make Colombia a fantastic travel destination are the hip and artistic cities, and the postcard-perfect historic mountain towns. With its intense focus on the large-scale cannabis cultivation and one of the most down-to-earth cultures of cannabis production, the economy of Columbia is thriving in the marijuana industry. The current “green rush� has brought many investors from across the United States and around the globe to build more extensive cannabis farms and increase the standard of the economy. There are greenhouses in Colombia with an area that is more than 250,000 sq. ft., making it capable of yielding 50,000 pounds of flowers. The cultivation of cannabis in these greenhouses is playing an essential role in the production of cannabis for the countries like Arizona, Colorado, California, Oregon, and Columbia. That's the only reason why Columbia's cannabis market is known as the gray market or green rush across the world.
Several investors and the cultivators are growing the cannabis products in the stateof-the-art indoor warehouses with clean-room environments. This is also providing more pharmaceutical production facilities than the traditional commercial agriculture.
Global Stage of Cannabis Production Despite the risk factor of investing overseas, Columbia's marijuana processing and extraction industry is attracting an adequate number of investors. Due to this, Colombia is now the global stage of cannabis production. The rationale behind this trend is the legalization of the medical cannabis industry in the natural paradise. So, if you have the federal license from the National Narcotics council and health minister, then you can process, grow, import, and export medical cannabis and its derivatives in the green-environment of Columbia. Apart from being the global stage for cannabis production, Colombia’s domestic media is also expectingan imminent boom. As per the statistics revealed by the Bogotá’s City Paper, the Ministries of Health, Justice, and Agriculture authorized the harvest of 40.5 tons of cannabis in Colombia for exportation. That's enough to complete the current demand for the supply of 44% from the global medical cannabis market.
Investment Opportunities The cannabis production industries have developed a lot with the help of the many opportunities available along with a lot of outside investments. The main aim was to make Colombia become a significant player on the global stage for cannabis production. As Colombia quickly gains recognition as a legitimate force in the global cannabis industry, the global investment community is witnessing the profit opportunities in Colombia’s medical cannabis market. Several companies are successfully raising money on major exchanges. Moreover, the Colombian government has opened the gates for outsiders to come and invest for growing the industries more.
Attracting Industry Leaders
As per stated earlier, the medical marijuana market in Columbia has a strong position as an investment jurisdiction in Latin America, which is famous for attracting huge cannabis brands globally. Due to the favourable climate conditions and potential locations, Columbia is now uniquely positioned as a leader in the region's emerging medical cannabis industries. In fact, the prominent companies of marijuana distribution have suggested the acquisition of Colombian Cannabis, a value-added deal of worth $96 million to grow cannabis alongside the Latin American division in July. In the coming year, the Colombian cannabis companies will start testing products and eventually create a sharp commercial portfolio.
How is ICC playing a role in marijuana distribution and production? With this, you might have understood all about the cannabis industry in Columbian and how it has created many new job opportunities for the locals. With the opportunity at hand, the ICC International Cannabis is pleased to announce that Canna Colombia Holdings has the license to produce, maintain, export, import, research and develop medical cannabis products. The construction of the Colombian Cannabis Centre of Excellence (COE) has also startedand it would serve as headquarters for the Company’s flagship property. Located in the heart of the Bogota Savannah, it is one of the safest places of Columbia. The goal in launching the center of excellence is to advance the cannabis production of ICC's capabilities. After the COE achieves the goal, it will act as a collaboration facility. This would be the place where renowned geneticists, service providers, and industry growers can pursue and assemble revolutionary Cannabis centric initiatives and projects. Above all this, we believe that COE would assist in catapulting Colombia into a world-class Cannabis cultivation jurisdiction without any legal system problems. ICC is also planning for the construction of Cannabis Park which is highlighted by polycarbonate greenhouse in a one-hectare and known to be the Phase 1. With the completion of phase 1, the ICC will begin test trials of its ten primary Cannabis strains that will assist in solidifying ICC’s Colombian cultivation and production quotas.
Conclusion
Due to its moderate climate, and potential cannabis production market, Columbia is one of the prominent places for cannabis production across the world. It also provides a competitive advantage that makes it attractive to investors. It's a highly sought-after area for cannabis cultivation activities. ICC is proud to announce the vision for Cannabis Park that would lead the plunge with the construction of the Cannabis Centre of Excellence in Columbia, bringing various opportunities to the economy. In short, the Cannabis Park would be the most exceptional place for the art of Cannabis production and cultivation that would gather resources for the privilege of the industry as a whole. The commitment to the Centre of Excellence will reflect the ICC’s stated objective of being at the vanguard of marijuana distribution and Cannabis science. This ICC belief presents a crucial step toward becoming a significant worldwide producer of medical cannabis and premium recreational purposes.