The 6,000-Year History of Medical Cannabis – Infographic

The 6,000-Year History of Medical Cannabis

View the high resolution version of today’s graphic by clicking here.

Since the early 20th century, the use of cannabis for any purpose fell out of favor by both regulators and Western culture at large.

In the United States, a wave of regulations made access to cannabis more difficult starting from the late 1900s, ultimately culminating in the Marihuana Tax Act of 1937, which effectively made cannabis use a federal offense. Meanwhile, prohibition in Canada lasted for 85 years until being lifted by recent developments.

Interestingly, however, this recent period of 20th century opposition is actually just a small speck in the wider 6,000-year timeline of cannabis. After all, the plant has been widely regarded for its therapeutic potential for many millennia by different cultures around the world.

READ MORE: http://www.visualcapitalist.com/history-medical-cannabis-shown-one-giant-map/

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Colombia quickly becoming a global leader in medical marijuana

PALM BEACH, USA — With the global community quickly embracing the medical attributes of medical marijuana, most notably in Latin America, coupled with millions of patients worldwide, marijuana companies are quickly gaining international exposure to realize higher valuations.

Colombia, for example, could become one of the largest global export leaders in medical marijuana following legislation passed in 2017, establishing a framework for commercial medical cannabis cultivation. In fact, Colombia could supply 44 percent of the global demand for medical cannabis this year, as noted by Andres Lopez, the director of Colombia’s National Drug Fund, as quoted by Medical Marijuana Inc.

Helping to foster further growth, Colombia recently approved a law to promote the use of cannabis-based medication. In fact, according to Marijuana Business Daily, “With a potential count more than double Canada’s, Colombia’s medical marijuana market is quickly gaining recognition as a legitimate force in the global cannabis industry.”

That, coupled with demand in Colombia, should fuel even more growth, as more than 2.2 million people suffer with chronic pain. Another 475,000 suffer with post-traumatic stress disorder (PTSD). More than 520,000 deal with insomnia.    

However, it’s not just demand that’s attracting capital to the region.

Recent new listings on major stock exchanges are doing that, too.

In addition, lower cannabis production costs, as compared to Canada and ideal year-round climate for cannabis-growth has created plenty of competitive advantages for related companies.

The coming year will be a “period of consolidation” for Colombian cannabis companies, says Rodrigo Gomez, president of the Cannabis Industry Association, as quoted by Ozy.com. “Growers and refiners, he adds, will begin testing products and honing in on a marketable portfolio. Investment is coming to Colombia because of the quality of the terrain.”

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