Colombia’s government just announced a monumental move for the country’s cannabis space. While the medical realm has been thriving for quite some time, President Iván Duque announced in a media release that his government signed a motion called Resolution 227, regulating the mechanisms for industrial use and edibles with only the non-psychoactive compound CBD. 

The announcement went out on Sunday and did not legalize the plant in general but solely regulates the use of CBD for edibles and other industrial markets. While this might not be what the cannabis community in Colombia wants, it’s a huge first step to regulating the market and findings new ways to utilize the plant for financial gain. 

Resolution 227 now allows companies to use the plant to create textiles, but it also regulates the edible market for those who choose to dose CBD. There is one teenie loophole that Colombian cannabis consumers might find intriguing. 

The motion does allow individuals to grow their own cannabis plants for personal use, but the President has made clear that plants grown in private residences should not be used for psychoactive purposes, notes thcIQ. 

It’s still refreshing to see the Colombian government make the blossoming cannabis industry a priority and create opportunities for the plant to be used in other markets. The new resolution also permits the use of cannabis in construction and pharmaceuticals. 

CBD is now officially seen as a medicine under the Colombian government, as the resolution legalized using cannabis oil as a form of medicine. But what does this mean for growers and seed companies? 

Because the market is now fairly regulated, this means more opportunities to utilize the crop in products and have them positively acknowledged by the government. Additionally, seed companies now have the chance to diversify operations and look into how different strains could be used in other markets like food. 

Most importantly, growers can now legally access seeds of the highest quality possible and explore new ways to increase crop production and further add to the evolving cannabis space. 

It wasn’t long ago that Colombia’s government had all sorts of bans and policies in place regarding marijuana, but finally, it’s taking one giant leap forward toward a regulated market and becoming an influential frontrunner in the industry.