Bogota: Medical and cosmetic cannabis project enters into force

The mayor of Bogota, Claudia Lopez, signed on February 15, 2022, Agreement 832 of 2022, which establishes guidelines for the awareness, promotion, and research of the medical, cosmetic and industrial cannabis sector in Bogota.

The agreement, brings about long-overdue reforms which have been making headlines for some time now; all stories which we have covered here and in our companion app. Download for free: cannabis news app.

Creating a Legitimate Cannabis Economy
The agreement orders the promotion of capital generation for SMEs and MSMEs in the medical, cosmetic, and industrial cannabis sector in the city, such as seed and venture capital, among others. It also calls for the promotion of strategic alliances at the national level leading to bank-arization and access to credit for MSMEs.

Similarly, the agreement that was authored by Councilman Juan Baena, from the New Liberalism party, in its procedure in the Council of Bogota, determines that the Secretariat of Security will design and implement an awareness strategy in the Metropolitan Police of Bogota to disseminate knowledge about the legal framework and the economic and social benefits generated by the medical cannabis sector.


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