Canadian company PharmaCielo Ltd. said it has been granted the first Colombian licenses to cultivate marijuana with unrestricted percentages of THC and CBD, creating a major opportunity for the company to grow and process medical cannabis.

Until now, the Colombian government allowed cultivation of only non-psychoactive cannabis with little to no THC, according to a news release.

Colombia legalized medical marijuana in 2015, and its MMJ industry is slowly coming together.

Here’s what you need to know:

  • PharmaCielo Colombia Holdings S.A.S. – a subsidiary of the Toronto-based parent company PharmaCielo Ltd. – has built a cultivation

Canadian firm receives license for sizable marijuana grow in Colombia is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



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