Colombia on Friday gave the green light for exports of dried cannabis for medical and other industries, as the Andean country took another step to develop its cannabis industry, where progress has been slow despite high potential.
President Ivan Duque signed a decree lifting a prohibition on exporting dried cannabis flower, a move seen as crucial by investors.
The directive also allows for the expansion of sales of cannabis-based medicines and streamlines regulatory procedures.
While Colombia has been hailed as a pioneer in regulating the possession, production, distribution, commercialization and export of seeds, plants and substances derived from cannabis - like oils, creams and extracts for medicinal purposes - investors have long complained about what they say is a tortuous export-approval process.
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Colombian government provides final guidelines for dried flower export
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