Clever Leaves to Take Advantage of the Approval to Export Medical Cannabis Flower from Colombia
Export of dry cannabis flower from Colombia has been authorized by a new decree that was signed on July 23
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, 2021, at Clever Leaves’ cultivation facility by President Ivan Duque and his ministers.
With flower representing an estimated 50% of global medical cannabis markets, this decree doubles the total addressable market for Clever Leaves’ Colombian operations.
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Clever Leaves’ Colombian operation is well-positioned to take advantage of this change, given its 1.8 million square feet of cultivation, CUMCS GACP and Latin America’s only EUGMP certifications for the production of dried flower.