Global cannabis manufacturer and distributor, Flora Growth has met with the author of a new bill to legalise recreational cannabis on the day the legislation was introduced to Congress.
Flora’s Chairman and CEO Luis Merchan met with Colombian Senator Gustavo Bolivar prior to the bill’s introduction to Congress on July 20.
Bolivar, the key author of the bill, and Merchan discussed the top tenants of the bill, the bill’s implications for companies such as Flora in Colombia and what legalisation means for the country’s burgeoning domestic and international cannabis markets.
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Cannabis for personal use is currently decriminalised in Colombia while medical cannabis was legalised in 2015. The proposed cannabis legalisation bill will allow full recreational cannabis legalisation in Colombia, building on resolutions and regulations that are important for the safe development and access of the legal cannabis industry, including oversight by INVIMA.
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Flora Growth CEO, Luis Merchan commented: “We are honoured to work closely with Sen. Bolivar and other key policymakers to support legislation that will provide safe access to cannabinoid-based products both domestically and in international markets.
“We are committed to creating effective, high-quality products. And with the expectation of the passing of this new bill to legalise recreational cannabis, we seek to support further the communities in which we operate.”
Highlights of the discussion include:
- Highlights a flourishing cannabis industry in Colombia, including both domestic trade and international exports
- The future of cannabis regulations, including the potential of a new government entity solely focused on cannabis regulation
- Cannabis pharmaceuticals and the need for government regulations and approvals
- Colombia as an upcoming global leader in the legal export of cannabis and its derivatives
Watch the video of the discussion:
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