Tag: south america
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Argentina To Complete First Ever Cannabis Export Totaling 730 Kilos
Cannava S.E., a government-held cannabis company based in the Jujuy province of Argentina, has announced that it is making the country’s first exports of high-CBD, low-THC flower to other nations. The government-held company is reportedly exporting 200 kilos of flower to Australia, 400 kilos to Portugal, and 130 kilos to Germany. “Gastón Morales, the company’s…
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Medical Cannabis Packaging Market Projected To Reach $117.2 Billion By 2032
The global cannabis packaging market is projected to reach $117.2 billion in value by 2032 according to a recent analysis by Astute Analytica. The entity describes itself as “a global analytics and advisory company.” “The global medical marijuana packaging market was valued at US$ 6.5 billion in 2023 and is projected to reach US$ 117.2 billion…
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Argentina Medical Cannabis Market Projected To Reach $37 Million By 2026
In 2017, Argentina adopted a law legalizing the medicinal use and research of cannabis and its derivatives. However, that measure’s approval proved to be largely symbolic during President Mauricio Macri’s tenure. His successor, President Alberto Fernández, issued a decree in 2020 that greatly increased safe access in the South American country. The decree legalized home…
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How Much Is Brazil’s Legal Cannabis Market Worth?
Starting in 2015, tetrahydrocannabinol (THC) and cannabidiol (CBD) derived from cannabis are allowed for medicinal use under certain conditions imposed by the Brazilian Health Regulatory Agency (ANVISA). In March 2020, Brazil issued its first domestic medical cannabis production license. Brazil’s medical cannabis industry is fairly restrictive compared to what is found in North America and…
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How Much Is Uruguay’s Legal Cannabis Industry Worth?
Uruguay will forever hold the title as being the first country to ever adopt a national adult use cannabis legalization measure. Lawmakers in Uruguay legalized cannabis in 2013, with the first adult-use cannabis sales occurring through the nation’s pharmacies in 2017. The legalization model that Uruguay has implemented is still unique in many ways all…
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How Big Is Colombia’s Medical Cannabis Export Market?
Colombia has a long history with the cannabis plant, albeit not always involving a regulated industry. The South American nation legalized medical cannabis and industrial hemp in 2016 and 2021, respectively. Cannavigia, an international cannabis compliance and production management company, estimates that Colombia’s commercial cannabis cultivators can produce dry cannabis flower for $0.06 and $0.40…
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How Many Countries Have Legalized Medical Cannabis?
According to a recent study conducted by researchers from Ukraine and France, and published by the U.S. National Institute of Health, 57 countries have adopted medical cannabis legalization measures. Israel was the first country to adopt a national medical cannabis legalization measure (1999), and Ukraine was the most recent (2024) as of the posting of…