This white paper offers a primer to the complex and confusing global cannabis industry as it stands today. Neighboring Peru’s medical cannabis law was passed in 2017 and its basic regulations were published in February 2019. Colombia’s cannabis law, for example, allows companies to export finished products and cannabis oil, but not plants, hemp, or flowers. On October 17, 2018, recreational cannabis became legal nationwide under the federal Cannabis Act, which also began governing medical marijuana. As with everything else having to do with the cannabis industry today, mergers and acquisitions can be more complex in this industry than in others.
As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. But the global legal landscape is confusing and constantly evolving, making it essential for people and businesses around the world to secure strong legal representation.
This white paper offers a primer to the complex and confusing global cannabis industry as it stands today. It is not meant as legal advice, but simply as an introduction to some key issues to consider if you are planning to enter the cannabis industry or expand your business...
Read the full article @ Cannabis Law Report