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Legal (Coca Plants) Cultivation of coca plants is legal, and coca leaves are sold openly on markets. Similarly to Bolivia, chewing leaves and drinking coca tea are cultural practices. Possession of up to 2 grams of cocaine or up to 5 grams of coca paste is legal for personal use in Peru per Article 299 of the Peruvian Penal Code.
Before the 1990s, harvesting coca leaves had been a relatively small-scale business in Colombia. [3] Though Peru and Bolivia dominated coca-leaf production in the 1980s and early 1990s, manual-eradication campaigns there, the successful rupture of the air bridge that previously facilitated the illegal transport of Bolivian and Peruvian coca leaf to Colombia, and a fungus that wiped out a large ...
The coca cultivation is concentrated in the Andes of South America, particularly in Colombia, Peru and Bolivia; this is the world's only source region for coca. [1] Drug consumption in Latin America remains relatively low, but cocaine in particular has increased in recent years in countries along the major smuggling routes. [1]
A crash in the price of coca, the chief ingredient in cocaine, is contributing to food insecurity in Colombia and causing displacement, as people leave areas that depend on the illicit crop ...
Location of Colombia. Colombia is a transcontinental country largely situated in the northwest of South America, with territories in Central America. Colombia shares a border to the northwest with Panama, to the east with Venezuela and Brazil and to the south with Ecuador and Peru. [1]
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and technology editor/analyst Andrew Tonner discuss topics across the ...
Between 1993 and 1999 Colombia became the main global producer of raw coca, as well as of refined cocaine, and one of the major exporters of heroin. The value of the cocaine trade is assessed at $10 billion per year in U.S. dollars. Colombia's share of coca production is estimated at 43% of global production. [21]
Sinaltrainal v. Coca-Cola, 578 F.3d 1252 (11th Cir. 2009), was a case in which the United States Court of Appeals for the Eleventh Circuit upheld the dismissal of a case filed by Colombian trade union Sinaltrainal (National Union of Food Workers) against Coca-Cola in a Miami district court, demanding monetary compensation of $500 million under the Alien Tort Claims Act for the deaths of three ...