Columbia Cannabidiol Market Overview,2030

In Colombia, the cannabidiol market has undergone a significant transformation, emerging from a legacy of traditional cannabis use to a rapidly evolving industry shaped by regulatory shifts and technological innovation. Indigenous communities like the Kogi and Arhuaco in the Sierra Nevada de Santa Marta have historically used cannabis for ceremonial and medicinal purposes, long before commercial interest developed. The modern phase began when Colombia passed Law 1787 in 2016, legalizing the cultivation and production of cannabis for medicinal use, positioning the country as a serious contender in the global CBD space. In 2017, Colombian startup Khiron Life Sciences became one of the first companies to secure all required licenses to cultivate, extract, and commercialize medical cannabis, and by 2020, it had launched branded CBD skincare and wellness products in domestic and Latin American markets. Colombian extraction firms such as Clever Leaves employ CO2 supercritical extraction methods for pharmaceutical-grade CBD, ensuring purity and safety, while companies like Pharmacielo use ethanol extraction for scalability. The local market has evolved beyond isolate CBD to full-spectrum formulations with terpenes like myrcene and limonene, which are believed to enhance therapeutic effects. Third-party testing and GMP-certified facilities have become a competitive necessity, SGS and Eurofins have played roles in providing certification for Colombian producers. Yet, consumer education remains a hurdle, especially in differentiating between CBD and psychoactive cannabis. Adverse effects, particularly in high doses such as drowsiness and potential liver enzyme alterations, have led to more caution in product formulation, especially for pediatric and geriatric patients. Political delays in issuing permits under Invima, Colombia’s health regulator, have frustrated many startups seeking to commercialize ingestible products. Still, technological innovation continues, with companies like Dayacann exploring nanoemulsion delivery systems to enhance bioavailability, and traceability technologies like blockchain being piloted by PharmaCielo to ensure transparent sourcing.

According to the research report, ""Colombia Cannabidiol Market Overview, 2030,"" published by Bonafide Research, the Colombia Cannabidiol market is expected to reach a market size of more than USD 100 Million by 2030.Companies such as Flora Growth have expanded aggressively by acquiring established CBD brands like JustCBD in the United States, using this foothold to export Colombian-produced CBD wellness and beauty products to over 140 countries. Meanwhile, Khiron Life Sciences introduced its full-spectrum medical cannabis formulations in Colombian pharmacies through partnerships with retailers such as Locatel and Farmalisto, enhancing access through a hybrid online-offline model. Clever Leaves, a major exporter of Colombian CBD, has positioned itself as a global supplier by securing EU-GMP certification, enabling distribution across Europe, while its partnership with Biopharmaceutical Research Company in the U.S. has furthered clinical trials on cannabinoid efficacy. Online retail channels have surged, with domestic e-commerce platforms like Farmacia Cannabica and La Maria Distribuidora facilitating direct-to-consumer sales, often boosted by influencer marketing on platforms like Instagram, where local personalities such as Laura Tobón have promoted CBD for skincare and anxiety relief. Offline, wellness stores and health-focused pharmacies have seen high footfall, particularly in Bogotá and Medellín. Colombian producers have responded with innovation, offering products like CBD-infused beverages from brands such as Sannabis and textile-based applications in collaboration with the National University of Colombia. Supply chain instability remains a concern, particularly due to variable hemp harvests and logistical barriers at customs, affecting export timelines. Cultural resistance persists in rural regions, but urban areas are increasingly embracing CBD as a wellness supplement. Sustainability and transparency are becoming differentiators, with companies adopting organic hemp farming and biodegradable packaging. Strategic alliances, such as Avicanna’s clinical research agreements with the University of Toronto, show how cross-border partnerships are shaping innovation and boosting credibility in both medical and consumer spaces.

In Colombia, oils and tinctures are among the most sought-after cannabidiol (CBD) products, particularly in major urban centers such as Bogotá, Medellín, and Cali. These products are often used for their therapeutic effects in treating anxiety, sleep disorders, and chronic pain. Colombian consumers favor oils and tinctures due to their ease of use and the precise control they offer over dosage. As CBD acceptance grows across the country, tinctures are becoming increasingly popular as natural wellness solutions. Capsules and softgels are also gaining traction in Colombia as an easy and convenient way to incorporate CBD into daily health routines. They are particularly favored by those who prefer a more discrete form of consumption. Capsules ensure a consistent dose, making them ideal for individuals who need to regulate their intake, such as those using CBD for chronic conditions like arthritis or stress. Meanwhile, gummies and confectionery products are starting to make their mark, especially among younger consumers in urban areas. These products combine the appeal of CBD with the enjoyable experience of candy, making them a fun and discreet way to consume cannabidiol. Topicals and skin care products infused with CBD are also growing in popularity in Colombia, especially in regions like Medellín and Bogotá where natural skincare is highly valued. Consumers are drawn to the potential benefits of CBD for skin conditions like acne, eczema, and inflammation. Finally, vape products are slowly finding their niche in Colombia, although they are still in the early stages of adoption. These products are marketed to younger, more health-conscious consumers who appreciate the rapid absorption rate of CBD through vaping. Despite regulatory challenges, the demand for CBD vape products is expected to increase as more consumers become familiar with their benefits.

According to the research report, ""Colombia Cannabidiol Market Overview, 2030,"" published by Bonafide Research, the Colombia Cannabidiol market is expected to reach a market size of more than USD 10 Million by 2030.With an increasing focus on natural and holistic health solutions, many Colombians are turning to CBD as a means to alleviate stress, anxiety, and insomnia, boosting wellness and personal use sector. Cities like Bogotá and Medellín have seen a rise in wellness centers and health stores offering CBD-infused oils and tinctures as part of their holistic treatments. Nutraceuticals and supplements are another important segment of the CBD market in Colombia, driven by the growing interest in natural health solutions. Consumers are increasingly incorporating CBD into their dietary routines for its perceived health benefits, including pain relief and stress reduction. The demand for pet care products infused with CBD is also rising, especially in larger cities where pet ownership is common. Pet owners in Colombia are turning to CBD products to help alleviate anxiety, joint pain, and other health concerns in their animals. Cosmetics and skincare products featuring CBD are becoming more popular in Colombia, particularly among the beauty-conscious populations of Bogotá and Medellín. These products are marketed for their potential to improve skin health, reduce inflammation, and provide anti-aging benefits. With the rise in popularity of natural beauty solutions, CBD skincare products are becoming a staple in local cosmetic stores. The pharmaceuticals sector is also an emerging area for CBD in Colombia, where cannabidiol-based medications are gaining recognition for their potential to treat medical conditions like epilepsy and chronic pain. Food and beverages sector is slowly embracing CBD, with certain cafes and restaurants in Bogotá offering CBD-infused beverages and snacks, catering to the health-conscious individuals looking for functional foods.

In Colombia, marijuana-derived CBD products are becoming more prevalent as the country has made strides in legalizing cannabis for medical and industrial use. In 2016, Colombia became one of the first countries in Latin America to legalize medical cannabis, allowing for the cultivation and extraction of CBD from marijuana plants. As a result, marijuana-derived CBD products are increasingly available in pharmacies and health stores across the country, particularly in urban areas like Bogotá, where demand for medical cannabis-based products is high. These products are typically prescribed to treat conditions such as chronic pain and epilepsy. On the other hand, hemp-derived CBD products are becoming more widely accessible, especially in light of Colombia’s favorable agricultural conditions for hemp cultivation. The Colombian government has also taken steps to promote the growth of the hemp industry, with regions like Boyacá and Cundinamarca emerging as key areas for hemp farming. Hemp-derived CBD products are gaining popularity due to their legal status and broader availability compared to marijuana-derived CBD. As demand for hemp-based CBD products rises, more Colombian companies are venturing into the market, producing CBD oils, tinctures, and cosmetics. The hemp-derived CBD market is also supported by the growing interest in sustainable and eco-friendly products. As Colombia continues to invest in hemp agriculture, the country is positioning itself to become a leader in the global CBD market. Additionally, hemp-based CBD is increasingly used in a wide range of products, including cosmetics, food, and supplements, making it a crucial part of the growing CBD industry in the country. 

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Cannabidiol Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Form
• Oils & Tinctures
• Capsules & Softgels
• Gummies & Confectionery
• Topicals / Skin Care
• Vape Products
• Others

By End Use
• Wellness & Personal Use
• Nutraceuticals & Supplements
• Pet Care
• Cosmetics & Skin Care
• Pharmaceuticals
• Food & Beverages

By Source
• Marijuana
• Hemp Show more