How many nations in LATIN AMERICA?It includes more than 20 nations: Mexico in North America; Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama in Central America; Colombia, Venezuela, Ecuador, Peru, Bolivia, Chile, French Guiana, Paraguay, Brazil, Argentina and Uruguay in South America; Cuba, the Dominican Republic, Haiti, and Puerto Rico in the Caribbean—in summary, Hispanic America, Brazil, and Haiti. “This is a solution for cannabis companies that want to export to individual patients in countries such as Brazil or Argentina but face the logistical and economic impracticality of having to obtain at origin an export permit for each individual shipment,” Guella told Marijuana Business Daily.
He said the way this could work is that companies – for instance, those in Canada – could:
- Ship cannabis products in bulk to Montevideo airport with a single Health Canada export permit, where these would be stored and remain in transit. (New export/import permits would be involved between Uruguay and Brazil.)
- Have the bonded warehouse operator separate, perform secondary packaging if needed and ship from Uruguay to individual patients in other countries that allow individual patients to import. Reexportation in bulk is also possible.
- The nature of the products cannot be modified in the bonded warehouse, according to the decree.
Brazil is currently the largest Latin American medical cannabis market and is totally dependent on imports.
https://mjbizdaily.com/new-uruguayan-decree-could-position-country-as-cannabis-logistics-hub/
HEXO’s overall strategy is establishing a top three global cannabis company with a top two market share in Canada, built upon three pillars: operational scalability, innovative products and brand leadership. To achieve brand leadership, HEXO will set up the legal, physical, and human capital infrastructure to participate in legal markets in North America, Europe and Latin America. HEXO will invest heavily in better, science backed cannabis experiences, and intends to partner with Fortune 500 companies to leverage their base products, international distribution and deep understanding of the consumer experience in their respective verticals. As HEXO continues to operate in the Canadian adult-use market, it is focused on the execution of these three strategic priorities. https://www.sec.gov/Archives/edgar/data/1690947/000106299319004069/exhibit99-1.htm#page_15