Colombia’s medical cannabis exports continued to grow last year, although sales still haven’t reached the level that the country’s operators envisioned.
In 2023, the value of medical cannabis exports from Colombia was $10.8 million, according to figures provided to MJBizDaily by ProColombia, a government agency in charge of promoting nontraditional Colombian trade.
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The figure represents an 11.3% increase over 2022, when Colombia’s medical cannabis exports amounted to $9.7 million, a 96% jump from 2021.
Industry sources see the latest export figures as a sign the Colombian cannabis market continues to mature.
“I think the practical, environmental and socioeconomic benefits of cultivating and extracting in Colombia are finally starting to show some signals of their potential,” said Aras Azadian, CEO of Avicanna, a Canadian
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