The marijuana trade is thriving in Colombia. The South American country announced last month that its cannabis exports increased 96% between November 2022 and January. “The amount was US$8.4 million, thanks to the sales of 13 companies from five departments to 14 countries. Argentina, Brazil, Australia, Switzerland, Israel, the United States and Germany were the main buyers,” … [Read more...] about Colombia Touts Major Increase in Cannabis Exports
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Why Colombia Poses a Threat to Cannabis Stocks
Popular cannabis stocks including Canadian giants Canopy Growth Corp. (CGC), Tilray Inc. (TLRY) and Aurora Cannabis (ACB) - the poster companies of the marijuana wave - now face an emerging threat as North American pot growers start to move their farms to low-cost Colombia. The migration seems to be following the earlier pattern of American rose growers moving south of the … [Read more...] about Why Colombia Poses a Threat to Cannabis Stocks