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//Loren Moss
image by Alexas Fotos from Pixabay
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Procaps To Build Florida Gummy Pharma Manufacturing Facility

Barranquilla-based pharmaceutical company Procaps Group (NASDAQ: PROC), has announced that it will build a new gummy manufacturing facility to meet rising global demand for its Funtrition gummy nutraceutical and medical chewable products. Funtrition is an oral delivery system for...
Posted On February 16, 2022
, By Loren Moss
The 4,000 square foot facility features 11 patient rooms and according to Khiron, can handle 40,000 patient consultations per year.
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Khiron opens 4th Zerenia Cannabis Clinic In Bogotá

The 4,000 square foot facility features 11 patient rooms and according to Khiron, can handle 40,000 patient consultations per year.
Posted On February 16, 2022
, By Loren Moss
Above photo: Marathon Venture co-founders Alejandro Echavarria - Managing Partner, Pablo Navarro - Operating Partner, and Leon Papu - Managing Partner
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Colombian VC Firm Marathon Ventures Raises $26 Million USD For Early Stage Investments

Marathon has invested in companies like Meru, Estoca, Sumer, Tul, Hello Guru, Welbe, and Neivor.
Posted On February 16, 2022
, By Loren Moss
Fiber termination. Photo courtesy América Movil
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Cellular Operator América Movil (Claro) Gets Electricity Cut Off By Cali’s Utility Company For Nonpayment

Emcali states that Claro has made a partial payment but the outstanding debt remains over $11 billion pesos.
Posted On February 16, 2022
, By Loren Moss
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Duque Administration Seeks To Boost Bilateral Trade With Belgium Via Official Visit

Various Belgian firms are active in Colombia, including Jan de Nul, Puratos, AB InBev, Bakaert, Acalis, Etex, Delta Light, Café Velvet, Procecal, Incofin,and others.
Posted On February 16, 2022
, By Loren Moss
image by 4657743 from Pixabay
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Flora Growth Inks Israeli Cannabis Distribution Deal WIth Artos Ltd.

The export of the high-THC product is pending the dried-flower checklist from the Colombian government from the 2021 update to the cannabis law.
Posted On February 16, 2022
, By Loren Moss
Mauricio Salazar. Regional Manager de Royal Enfield.
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Royal Enfield Expects Strong Growth In 2020 Motorcycle Sales For Colombia

The manufacturer says it has been impacted by a shortage of shipping containers leading to steep increases in shipping costs, along with the fall in the Colombian peso, making their products more expensive.
Posted On February 16, 2022
, By Loren Moss
In many markets PriceSmart is the only reliable source for high quality grocery imports from the US, such as whole turkeys or authentic bacon, ham, cheeses & condiments.
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PriceSmart Increases Annual Dividend By 22.9%

CEO Sherry S. Bahrambeygui said that the retailer is earning strong cash flow, and can drive new club growth, increase service and benefits to members.
Posted On February 10, 2022
, By Loren Moss
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Bogotá’s Siigo Accounting Software Purchases Mexico City Based Aspel ERP

Yesterday, Colombian multinational accounting software provider Siigo announced that it has closed on an acquisition of Mexican ERP software vendor Aspel. Though the amount paid was not disclosed, Siigo stated that it has committed to invest $20 million USD in ERP product...
Posted On February 10, 2022
, By Loren Moss
Colombiatex 2022 Photo ©Loren Moss
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In Pictures: Inexmoda’s Colombiatex Textiles & Fashion Industry Event Back In A Big Way For 2022

1,100 international buyers attended, representing countries such as Ecuador (304), Peru (146), the United States (121) and Mexico (99).
Posted On January 31, 2022
, By Loren Moss
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