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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

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

Why Is This $1.5 Billion Gold Story Worth Just $37 Million? | Fredonia Mining PEA

This Copper Stock Exploded Before Anyone Knew the Grade | Decade Resource

Silver Miners Will Crush Gold Miners | Adrian Day

Recommended

Blue Jay Gold Extends High-Grade Zone at Depth at Skukum Creek With 6.15 g/t Gold Over 14 Metre Hit

Northmin Reports 93% Silver Recovery From Tynagh West Pond Tailings Testwork

Related News

Colombian Peso At Record Low; Gustavo Petro Pleads Not To Send Money Abroad

Colombian President Gustavo Petro claimed higher US interest rates are sucking money out of South...

Thursday, October 20, 2022, 10:44:00 AM

Colombia Targets Copper Investment as New Government Rewrites Mining Rules

The repeal is one of the first concrete tests of whether Bogotá's month-old, razor-thin government...
Friday, September 4, 2026, 02:07:48 AM

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

US Mint Under Scrutiny for Sourcing Gold Tied to Drug Cartels

A bombshell investigation has revealed that gold used by the US Mint, responsible for producing...

Sunday, April 26, 2026, 02:37:33 PM

Investigators Probe Double Killing In Colombia Presidential Race

Colombia’s presidential race has been forced back to its hardest security question: not which candidate...

Saturday, May 16, 2026, 08:32:59 PM