Replies to post #110290 on Canopy Growth Corp (WEED)

[john1311]

Colombia seeks to be a cut above on cannabis

The country has land, sun and skilled workers, but it must also deliver on medicinal-grade quality

https://www.ft.com/content/b9142c96-9742-11e9-9573-ee5cbb98ed36


The Colombians can produce a gramme of dry flower for $0.50-$0.80 while in Canada it costs around $2, says Mat Youkee, editor of Colombia Cannabis Investor, an industry newsletter.
As a result, some big North American pot companies have piled into Colombia. Recommended Colombia Colombia’s Duque copes with the world’s worst neighbour The largest, Canopy Growth, with a market capitalisation of more than $13bn, has spent about $60m to create Spectrum Cannabis Colombia with a cultivation site in the southern province of Huila.