{"id":23083,"date":"2026-02-13T20:43:51","date_gmt":"2026-02-13T19:43:51","guid":{"rendered":"https:\/\/www.cbd.fr\/blog\/?p=23083"},"modified":"2026-02-13T20:43:53","modified_gmt":"2026-02-13T19:43:53","slug":"latin-america-the-fastest-growing-cannabis-industry","status":"publish","type":"post","link":"https:\/\/www.cbd.fr\/blog\/en\/latin-america-the-fastest-growing-cannabis-industry\/","title":{"rendered":"Latin America: the fastest growing cannabis industry?"},"content":{"rendered":"\n<p>Let&#8217;s open ourselves up to the rest of the world. Let&#8217;s leave the European sphere. Let&#8217;s observe the evolution of the cannabis sector elsewhere. We immediately notice that <strong>Latin America could have the fastest-growing cannabis industry.<\/strong><\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Sommaire<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #43b981;color:#43b981\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #43b981;color:#43b981\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.cbd.fr\/blog\/en\/latin-america-the-fastest-growing-cannabis-industry\/#In_this_regard_we_propose_to_provide_an_overview_of_the_leading_players_firstly_and_secondly_to_present_some_factors_contributing_to_this_rapid_growth\" >In this regard, we propose to provide an overview of the leading players, firstly, and secondly, to present some factors contributing to this rapid growth.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.cbd.fr\/blog\/en\/latin-america-the-fastest-growing-cannabis-industry\/#Mexico_an_attractive_hub\" >Mexico, an attractive hub<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.cbd.fr\/blog\/en\/latin-america-the-fastest-growing-cannabis-industry\/#This_makes_it_a_gigantic_market_and_consequently_a_focus_of_interest_for_investors_In_fact_many_Canadian_companies_would_like_to_invest_there_Why_Because_they_see_Mexico_as_a_catalyst_for_the_North_American_cannabis_market\" >This makes it a gigantic market, and consequently, a focus of interest for investors. In fact, many Canadian companies would like to invest there. Why? Because they see Mexico as a catalyst for the North American cannabis market.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.cbd.fr\/blog\/en\/latin-america-the-fastest-growing-cannabis-industry\/#Suriname_is_certainly_not_one_of_those_countries_that_would_readily_come_to_mind_when_discussing_the_cannabis_industry_However_nature_has_endowed_it_with_considerable_potential_for_this_sector_to_flourish_Indeed_the_country_boasts_an_excellent_climate_and_low_production_costs_Therefore_the_leaders_intend_to_make_good_use_of_this_In_this_regard_the_cultivation_of_hemp_and_DPC_drug-resistant_cannabis_has_already_been_authorized_Nevertheless_the_legalization_of_medicinal_herbs_is_not_yet_complete\" >Suriname is certainly not one of those countries that would readily come to mind when discussing the cannabis industry. However, nature has endowed it with considerable potential for this sector to flourish. Indeed, the country boasts an excellent climate and low production costs. Therefore, the leaders intend to make good use of this. In this regard, the cultivation of hemp and DPC (drug-resistant cannabis) has already been authorized. Nevertheless, the legalization of medicinal herbs is not yet complete.<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"a\"><span class=\"ez-toc-section\" id=\"In_this_regard_we_propose_to_provide_an_overview_of_the_leading_players_firstly_and_secondly_to_present_some_factors_contributing_to_this_rapid_growth\"><\/span>In this regard, we propose to provide an overview of the leading players, firstly, and secondly, to present some factors contributing to this rapid growth.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Colombia Takes the Lead<\/p>\n\n\n\n<p>Indeed, Colombia could very well become the world&#8217;s largest supplier of medical cannabis. This may seem surprising, especially since the country is not very technologically advanced, at least compared to other major Western powers. In fact, the government plans to outmaneuver drug gangs. To do so, it decided to regulate the medical cannabis sector in 2015. From this perspective, for this industry to develop rapidly, it is essential to target the right strategies. <strong>With this in mind, the focus has been on reducing production costs and implementing progressive legislation. These two factors, combined with Colombia&#8217;s climate and the country&#8217;s advantageous location, contribute to the rapid growth of the cannabis industry.<\/strong> All of this makes the country a formidable competitor. It is therefore very favorable to foreign investment, which, in turn, also strengthens and boosts the sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"b\"><span class=\"ez-toc-section\" id=\"Mexico_an_attractive_hub\"><\/span>Mexico, an attractive hub<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Indeed, <a href=\"https:\/\/www.cbd.fr\/blog\/legalisation-du-cannabis-au-mexique\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mexico legalizes cannabis<\/a> Medical cannabis in 2017. In this regard, it&#8217;s worth noting that the reasons are essentially the same as those in Colombia. That said, it should be noted that the import, sale, and consumption of products containing less than 1% <a href=\"https:\/\/www.cbd.fr\/198thccbd\" data-internallinksmanager029f6b8e52c=\"17\" title=\"thc - t\u00e9trahydrocannabinol\">THC<\/a> are permitted. In this context, Mexico is likely to become one of the main cannabis markets in Latin America. Indeed, the country boasts a population of 128.6 million, 10% of whom receive medical cannabis.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"c\"><span class=\"ez-toc-section\" id=\"This_makes_it_a_gigantic_market_and_consequently_a_focus_of_interest_for_investors_In_fact_many_Canadian_companies_would_like_to_invest_there_Why_Because_they_see_Mexico_as_a_catalyst_for_the_North_American_cannabis_market\"><\/span>This makes it a gigantic market, and consequently, a focus of interest for investors. In fact, many Canadian companies would like to invest there. Why? Because they see Mexico as a catalyst for the North American cannabis market.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>Uruguay: Appealing to investors with a lenient cannabis law?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"d\"><\/h2>\n\n\n\n<p>In fact, Uruguay is sandwiched between Brazil and Argentina, two countries that are relatively more advanced in the cannabis industry. Consequently, it is somewhat overlooked. Major investors are currently absent. Nevertheless, the country is not giving up hope. In fact, to foster the growth of this sector, Uruguayan lawmakers are using a tool that could very well hit its target. What is it? Lenient laws on cannabis for nearly eight years! In just a few years, with government approval, it became the first country to achieve $1.1 billion in annual exports of medical cannabis products.<\/p>\n\n\n\n<p> In reality, this lenient legislation reassures investors. Deep down, they know their investments are safe and that the risk of loss sometimes due to repressive laws is minimal. As a result, they don&#8217;t hesitate to invest. Which is simply beneficial for Uruguay. Suriname is joining the ranks of the major players!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Suriname_is_certainly_not_one_of_those_countries_that_would_readily_come_to_mind_when_discussing_the_cannabis_industry_However_nature_has_endowed_it_with_considerable_potential_for_this_sector_to_flourish_Indeed_the_country_boasts_an_excellent_climate_and_low_production_costs_Therefore_the_leaders_intend_to_make_good_use_of_this_In_this_regard_the_cultivation_of_hemp_and_DPC_drug-resistant_cannabis_has_already_been_authorized_Nevertheless_the_legalization_of_medicinal_herbs_is_not_yet_complete\"><\/span>Suriname is certainly not one of those countries that would readily come to mind when discussing the cannabis industry. However, nature has endowed it with considerable potential for this sector to flourish. Indeed, the country boasts an excellent climate and low production costs. Therefore, the leaders intend to make good use of this. In this regard, the cultivation of hemp and DPC (drug-resistant cannabis) has already been authorized. Nevertheless, the legalization of medicinal herbs is not yet complete.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> <strong>However, Suriname has everything it needs to thrive in this sector. Furthermore, its relationship with the Netherlands facilitates exports to Europe. Its location also makes exports to North America easier. Now, it is necessary to wait for the legalization process to be fully completed. The government is still considering the implementation of a regulatory framework. Has Latin America found the winning formula?<\/strong><\/p>\n\n\n\n<p>Indeed, given this <strong><em>rapid growth of the cannabis industry in Latin America<\/em><\/strong><\/p>\n\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-bottom\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;23083&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Notez cet article&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 vote)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;Latin America: the fastest growing cannabis industry?&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Notez cet article<\/span>\n    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s open ourselves up to the rest of the world. Let&#8217;s leave the European sphere. Let&#8217;s observe the evolution of the cannabis sector elsewhere. We immediately notice that Latin America could have the fastest-growing cannabis industry. In this regard, we propose to provide an overview of the leading players, firstly, and secondly, to present some [&hellip;]<\/p>\n","protected":false},"author":90,"featured_media":3611,"comment_status":"open","ping_status":"open","sticky":false,"template":"default\n","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[1043,3237],"tags":[],"class_list":["post-23083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cbd-legislation-en","category-cbd-legislation-in-america-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Latin America: the fastest growing cannabis industry? - CBD Blog<\/title>\n<meta name=\"description\" content=\"Is Latin America experiencing the fastest growth in the cannabis industry? If so, what are the reasons? 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