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El Cesar has the Conditions to Enter the Medical Cannabis Market in Colombia

Municipalities such as San Alberto, San Martin, Gonzalez, among others, have the conditions to grow medical cannabis, a bet of the national government in Colombia to generate greater incentives to the pharmaceutical industry and access to derivative medicines. Due to the potential of cannabis in the market, the President of the Republic signed the decree of Safe and Informed Access to the Use of Cannabis

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The climatic conditions of several municipalities in the department of Cesar make them ideal for the cultivation of medical cannabis. Some of these areas are Pueblo Bello, Manaure, El Copey, Agustín Codazzi, among others, which have a high potential to develop this type of crop. However, according to the Colombian Agricultural Institute, ICA, none of these territories has registered to date a hectare that is intended for the planting of this plant.

According to Alfonzo Cortez, a cannabis grower from the department of Cundinamarca, the planting of this plant is a business opportunity that has been generating more than 1,000 jobs for the last three years and has increased the income of the agricultural sector.

This man from Vallenato said that he decided to grow medical cannabis because he sees that this economic activity will be one of the most profitable in the agricultural field in the future. In this regard, the Foundation for Higher Education and Development, Fedesarrollo, estimated that the industry dedicated to cannabis cultivation could generate 41,748 jobs by 2030.

Of this number, 26,968 will be agricultural jobs and 14,780 will be related to the transformation of the plant and its administration. Due to the potential of cannabis in the market, last Friday the President of the Republic, Iván Duque, signed the decree of Safe and Informed Access to the Use of Cannabis, a regulation that will allow the legal export of the dried flower because previously only extracts of the plant were allowed to be exported. Despite the fact that more than 15 departments in the country are developing this type of crop, Cesar is lagging behind in this new business venture.

An example of this is that the departments of La Guajira and Magdalena are already part of the group of territories where nurseries are being implemented for planting the plant and there are laboratories with specialized personnel for the extraction of medicinal substances derived from cannabis.

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In Cesar, the high rainfall in municipalities such as San Alberto, San Martin, Rio de Oro and Gonzalez would be suitable for developing this type of crop. Likewise, municipalities located in the foothills of the Perijá mountain range and the Sierra Nevada de Santa Marta, such as Pueblo Bello, Manaure, El Copey, Agustín Codazzi, La Jagua de Ibirico and Becerril.

Read more on the subject and find the latest cannabis news in the world with the Hemp.im mobile app.

Cannabis might reactivate the economy of the municipality of Cesar

According to the Secretary of Agriculture of Cesar, José Osorio, the only municipality in the department that is registered in the ICA database with medical cannabis crops is La Jagua de Ibirico, specifying that the authorization and licensing of such economic activity is requested by the companies, not by the municipalities.

In this regard, the Secretary of Agriculture of La Jagua de Ibirico, Pablo Venecio, commented that in that territory there are two greenhouses in which medical cannabis is planted, which are located in the village of Manizales Bajo, noting that it is projected to increase to five the number of greenhouses in three or four hectares approximately.

“The intention with the cannabis that is being grown in the municipality, with the help of the company Avida Global, is to process it to extract all the oils destined for medicinal products. The project started about a year ago and we are satisfied with the initiative,” said Venecio.

He argued that the project has been very well received by the community because it has shown the inhabitants that the economy of this municipality can be opened to other economic activities other than mining. He added that plans are being implemented in this territory to resume agricultural practices and generate more jobs, as well as to train young people and the community in agriculture.

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(Featured image by chrisbeez via Pixabay)

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First published in EL PILON, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.