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Possession of cocaine is explicitly named as an illegal substance under the Comprehensive Dangerous Drugs Act of 2002. The possession 10 grams or more of cocaine or cocaine hydrochloride is punishable by up to life imprisonment. [28] Peru: Legal (up to 2 grams of cocaine or 5 grams of cocaine-freebase) Illegal: Illegal: Legal (Coca Plants)
The illegal drug trade in Peru includes the growing of coca and the shipment of cocaine to the United States. In an example of the balloon effect , dramatic falls in coca cultivation in the late 1990s saw cultivation move to Colombia .
The legal status of drugs and drug precursors varies substantially from country to country and is still changing in many of them. United Nations classify drugs internationally, it affects all its member states .
The illegal drug trade in Latin America concerns primarily the production and sale of cocaine and cannabis, including the export of these banned substances to the United States and Europe. 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 ...
Most cocaine is grown and processed in South America, particularly in Colombia, Bolivia, Peru, and smuggled into the United States and Europe, the United States being the world's largest consumer of cocaine, [164] where it is sold at huge markups; usually in the US at $80–120 for 1 gram, and $250–300 for 3.5 grams ( 1 / 8 of an ounce ...
Coca bush cultivation and total cocaine production were at record highs in 2021, the most recent year for which data is available, and the global number of cocaine users, estimated at 22 million ...
The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a ...
It has a list of 31,000 legal producers of coca leaf in Peru, who export between 130,000 and 150,000 kilos of coca leaves annually directly to the Stepan Company. [ 2 ] [ 3 ] The Stepan Company extracts the cocaine for medicinal use .