Scratch That — Colombia’s Leftist Government Does NOT Want to Decriminalize Cocaine

Colombia’s new leftist government still wants to end the war on drugs, but it has clarified — contrary to what appointed drug czar Felipe Tascón told the Washington Post last week — that its plans do not include legalizing cocaine.

According to Justice Minister Nestor Osuna, who spoke to reporters in congress on Tuesday, the country’s police resources will be focused on going after the big guys — drug cartels and money launderers — rather than the addicts and the farmers that cultivate coca, the plant from which cocaine is made.

The US, through a long-standing relationship with Colombia prior to the rule of newly-inaugurated leftist President Gustavo Petro, has put billions of dollars on a strategy that largely focuses on eradicating the narcotic’s point of origin: the coca fields in rural Colombia.

Colombian police on Tuesday said that the forced eradication of the illegal crop has been suspended.

“It is time for a new international convention that accepts that the war on drugs has failed,” the new president said in his inaugural address earlier this month. Petro leads the country’s first leftist government.


Information for this briefing was found via the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Colombian Government Ends Ceasefire with FARC Breakaway Faction

Colombian President Gustavo Petro announced on Thursday the suspension of a ceasefire agreement with a...

Friday, April 18, 2025, 04:27:00 PM

Colombia Senate Rejects Legalization of Adult-Use Cannabis

Colombian Senators have rejected proposed legislation seeking to legalize adult-use cannabis in the country during...

Friday, December 15, 2023, 12:38:00 PM

NG Energy Announces Re-Entry Of Istanbul-1 Well Slated To Occur This Month

NG Energy (TSXV: GASX) continues to develop its natural gas project in Colombia. The company...

Thursday, February 11, 2021, 08:59:04 AM

Colombia’s Gustavo Pietro Is Done With The War On Drugs

On Tuesday last week, Colombia’s recently-elected leftist president Gustavo Petro addressed the United Nations General...

Thursday, September 29, 2022, 03:39:00 PM

Colombia Joins BRICS Bank, Hedging Against US Tariffs

Colombia’s decision to enter the New Development Bank marks the country’s first institutional step into...

Friday, June 20, 2025, 03:49:00 PM