to Hispanic Population
About Yura Group
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Yura Group develops an international distribution strategy in the American continent
United States and Puerto Rico
The North American market is growing at an explosive rate, driven by progressive legislative changes, innovation and a flourishing commercial market. According to Prohibition Partners, the total US cannabis market is estimated to be worth $ 47.3 billion by 2024. Currently 38 states have liberalized Cannabis, 5 of them in 2020, and the Biden administration is expected to accelerate the path to federal liberalization across the US in 2021, which would make this market the largest and fastest growing in the world.
Latin America countries
Yura is initially focused on 7 Latam countries: Colombia, Mexico, Peru, Ecuador, Chile, Argentina and Uruguay. During 2020, the registration of products was carried out in these markets, which together with the latest regulatory changes that occurred in this region that favor the opening towards the liberalization of medical cannabis, allow us to estimate an exponential acceleration of growth in sales for the year 2021.
Are you a Pharma, Retail or Consumer interested in our medical cannabis extracts & products?