Canadian Capital Fuels Colombian Cannabis Boom

( Decades have passed since the bulk of marijuana cultivation in the Americas shifted from Colombia up to Mexico. But the tides are turning again. This time, suited businesspeople, not drug cartels, are betting on a lucrative Colombian weed crop, bound for markets around the world. The investors? Many are coming from Canada.

Legislation passed in 2017 provided a framework for commercial medical cannabis cultivation, and at least six companies surpassed the licensing processing by late in the year and planted their first seedlings in December. They formed the Colombian Association of Cannabis Industries in late 2017.
Of these six, three companies are headquartered in Toronto — though they were born in Colombia — underscoring the promising partnership shaping up between growers in Colombia, a nation of

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