Latin America cannabis

Uruguay, the first country in the world to legalize adult-use marijuana in 2013, initially made headlines as a pioneer in cannabis regulation. However, despite early momentum, the industry now faces significant hurdles in export growth, driven by low prices, international trade restrictions and...

Will cannabis legalization ever be possible in Venezuela? Amid its recent controversial presidential elections, this question invites us to consider the potential benefits of such a change.  With rising concerns about electoral fraud and ongoing economic turmoil under President Nicolás Maduro...

In a landmark ruling late Tuesday, Brazil's Supreme Court voted to decriminalize the possession of cannabis for personal use, marking a significant shift in the nation’s drug policy. This decision, which addresses the application of Article 28 of the Drug Law from 2006, aims to differentiate...

Cannapharmarx Inc (OTCPK: CPMD) has entered into a multi-year supply agreement with ICAN Green S.A. de C.V., part of ICAN Investing Group LLC. This partnership aims to establish a robust distribution network across Latin America, with a keen focus on Mexico and Panama. CannaPharmaRx, recognized for...

Cannabis company Medical Marijuana, Inc. (OTC: MJNA) reported Tuesday that the Latin American operations of its subsidiary HempMeds had a record revenue month in June. HempMeds' revenue jumped 84% in June from May in Latin America, or 12% when compared to the same...