BRINGING THE BUSINESS OF CANNABIS TO SOUTH AND LATIN AMERICA
MEDELLÍN, COLOMBIA
PLAZA MAYOR CONVENTION CENTER
18-19
MAY 2024
INDUSTRY NEWS
PharmaCielo announces appointment of new CEO
PharmaCielo, the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S. Announced that Marc Lustig has been appointed Chairman and CEO of PharmaCielo.
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Government wants to regulate the planting of cannabis for medicinal purposes in Brazil
Currently, planting is allowed only in case of obtaining a favorable court decision. The ministry had already defended in a lawsuit that the Superior Court of Justice should authorize the planting in Brazil.
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Hesitation over legal cannabis is costing Mexico money industry
The failure to implement the 2021 decision by Mexico’s Supreme Court striking down laws against marijuana is depriving the economy of $230 million annually, leaders of the fledgling cannabis industry say. The June 28, 2021, decision appeared to open the door to full legalization, but the legislation needed to make legal marijuana a reality remains stalled in Congress
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