Global Ganja Report

The cannabis industry is globalizing fast, which means changes for mainstays of commercial production in Europe and North America, and new players coming on line from regions such as the Middle East, Southeast Asia and Central America. Here’s a brief overview of a few entries from these categories.

Panama's national legislature approved a medical marijuana law—a first for the nations of the Central American isthmus. Advocates in neighboring Costa Rica are taking heart, and redoubling efforts to make their country the next. But cultural conservatives are pledging resistance in both countries.

Latin America is at the forefront of the global wave of cannabis law reform, according to a new report from a DC-based industry analyst. New Frontier Data sees a $9.8 billion market in the region, with big expansion potential for both exports and serving local consumption. 

Over the past two years, the Latin American cannabis industry has "emerged from the shadows" to command the attention of international firms and investors. Legal cannabis sales within the region are on track to reach $125 million in 2018—but that figure is expected to rise to $12.7 billion by 2028.

Panama may be the next Latin American country to pass a medical marijuana law, with the nation's National Assembly now debating a measure. But, in sharp contrast to that in neighboring Colombia, the Panamanian program would fly pretty close to the ground. In a play to social conservatives, the law would only allow imports, and users would be limited to extracts rather than herbaceous cannabis. And even this may face a fight from opposition lawmakers.

Amid peace talks in Havana, Colombia's FARC guerillas issued an angry communique Dec. 14, insisting "We are a rebel group, not narco-traffickers." This was in response to President Juan Manuel Santos'  suggestion that FARC drug-trafficking could be considered a "political crime," potentially sparing guerilla leaders prosecution. This of course won Santos howls of outrage from the right; now he gets it from the other side. The FARC statement accused the government of trying to "confuse the minds of Colombians" with a "distortion," and decried the existence of a "capitalist narco-trafficking business" in the country. (El Espectador, El Tiempo, Dec. 14)

Colombian military brass held their first meeting with FARC guerilla leaders at peace talks in Havana Aug. 22. The meeting focused on the specifics of implementing a ceasefire and the eventual demobilization of the guerillas.  Earlier in the week the guerilla leaders met, also for the first time, a group of war victims to discuss formation of a truth commission for the conflict. But Colombia's Prosecutor General Alejandro Ordoñez sent a letter to President Juan Manuel Santos criticizing creation of the Historical Commission on the Conflict and its Victims, fearing an outcome favoring the FARC’s version of events. (BBC News, Aug. 22; Colombia Reports, Aug. 21)

Opposition legislators in Suriname are calling on President Desi Bouterse to resign following the arrest of his son by DEA agents in Panama Aug. 29. Dino Bouterse was was apparently travelling on a diplomatic passport when he was busted on charges of operating a cocaine trafficking ring. The US federal indictment, filed in Manhattan, also charges him with violating firearms laws by wielding an anti-tank weapon during a drug offense.