Business: High Profits

Colombians consider legalizing pot growing

In Colombia, where coffee is king, some businessmen are high on the idea of giving Mary Jane, the outlaw princess, a legitimate spot on the economic throne. A small but influential cadre of Colombians are campaigning to make the growing of marijuana legal in their own country. The movement is headed by Ernesto Samper Pizano, president of the National Association of Financial Institutions (A.N.I.F.), a well-regarded think tank that has completed an eight-month study on the effects of legalization.

Samper, a lawyer and economist, contends that if growing had been legal, Colombia last year could have saved the...

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