First product registrations in Peru signal potential revenue-generating opportunities

New product registration underscores the limited but increasing Latin American intraregional medical cannabis trade, independent from North American cannabis production.

Latin America Update: Marijuana business developments in Brazil, Paraguay and Peru

Brazil is poised to become the largest Latin American cannabis market in the long term, but regulators have been slow to expand the existing program over the last few years.

Opportunities are also slow to develop in Paraguay and Peru, where medical cannabis laws were passed recently but still lack details about implementation.