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Latin America All-In on Supporting the Future of Cannabis

MENAFN - Thu Sep 30, 4:22PM CDT

(MENAFN - Investor Brand Network) NetworkNewsWire Editorial Coverage : While North America is the leading cannabis market, the federal government appears reluctant to legalize the substance and remove major legislative roadblocks to the market's continued growth and success. Countries in South America, however, seem much more eager to embrace the future of cannabis, with several countries passing new laws designed to end cannabis prohibition and support the growing industry. This government support will likely generate government revenue, cut into illicit sales and provide innovative treatment options to people in need. Colombia, Mexico and Panama have established themselves as leaders in the global move toward cannabis progress, which is good news for Flora Growth Corp. (NASDAQ: FLGC) (Profile ) , which has a cultivation facility in Colombia. Other major players in the cannabis sector, including Aurora Cannabis Inc. (NASDAQ: ACB) , Cronos Group Inc. (NASDAQ: CRON) , HEXO Corp. (NASDAQ: HEXO) and GrowGeneration Corp. (NASDAQ: GRWG) , are paying close attention…

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