As of January 2023, ICC Labs had attracted investments of 18 million U.S. dollars. ICC Labs is a company headquartered in Montevideo, Uruguay, and dedicated to the production of cannabinoid extracts. As of that date, Khiron, a medical cannabis company based in the city of Bogotá, Colombia, had attracted investments of close to 13 million U.S. dollars. As of 2021, the market value of cannabis for medical use in Latin America was estimated at 14.2 billion U.S. dollars.
Funding of selected cannabis companies in Latin America in 2022
(in million U.S. dollars)
* A conversion of Canadian to U.S. dollars was made based on funding round dates.
The source does not specify the date of publication. The release date given is the date of access.
This statistic was assembled using specific links for each company:
Figures for Cannabis Company Builder can be found here.
Figures for ICC Labs can be found here.
Figures for Khiron can be found here.
Figures for YVY Life Sciences can be found here.
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CrunchBase. (February 9, 2023). Funding of selected cannabis companies in Latin America in 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/
CrunchBase. "Funding of selected cannabis companies in Latin America in 2022 (in million U.S. dollars)." Chart. February 9, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/
CrunchBase. (2023). Funding of selected cannabis companies in Latin America in 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/
CrunchBase. "Funding of Selected Cannabis Companies in Latin America in 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/
CrunchBase, Funding of selected cannabis companies in Latin America in 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/ (last visited December 21, 2024)
Funding of selected cannabis companies in Latin America in 2022 (in million U.S. dollars) [Graph], CrunchBase, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1365609/funding-cannabis-companies-latin-america/
