💮Problem cannabis.

Current situation

Current regulation in Colombia:

In Colombia, medicinal cannabis has been legal since 2016 when Law 1787 was approved, which regulates its use for medical and scientific purposes. Since then, there has been growth in the number of companies producing and selling medicinal cannabis products in the country.

The Ministry of Health is responsible for regulating and authorizing the use of medicinal cannabis in Colombia, and doctors can prescribe products to patients with certain medical conditions.

However, despite the legal medicinal use of cannabis in Colombia, there are still some challenges that need to be addressed to ensure greater accessibility and adoption of the products. For example, government regulation can be stricter compared to other countries, which can limit the production and distribution of products.

Banking limitations: Legal restrictions in many countries make it difficult for banks to provide financial services to businesses operating in the medicinal cannabis sector. Banks may fear violating national or international laws and may restrict banking transactions for businesses related to medicinal cannabis.

Lack of clear regulations: In some countries, regulations surrounding medicinal cannabis can be confusing or inconsistent, making it difficult for banks to understand which activities are legal and which are not. This can make banks cautious about working with companies related to medicinal cannabis.

Solution 1: GLOBAL DAO: Sales, Logistics, and Delivery

🌱📱💻 By using a decentralized application, growers can offer both their final cultivated products, as well as related cultivation products such as nutrients, fertilizers, or logistics services.