Colombia is the world's most cost-competitive cannabis producer and LATAM's regulatory pioneer, legal since Law 1787 of 2016. With 550+ licensed entities and year-round sun-grown production in optimal Andean conditions, Colombia offers production costs 3ā10x lower than European counterparts. INVIMA manages manufacturing licenses; MinJusticia issues cultivation licenses. Primary revenue model is export ā bilateral agreements with Germany, UK, and Australia are expanding.
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