Yesterday I spent the day up in the mountains above Medellin with some colleagues, touring a cannabis plantation that I invested in a few years ago.

Cannabis production is now legal in Colombia. And the company is one of a handful that has a license.

I'm not a user myself, but I've long understood both the financial benefits of cannabis production, as well as the potential health benefits of the product.

We're not talking about recreational use.

In fact, almost all the plants that the company is growing right now are non-psychoactive, i.e. they've stripped out the 'THC' within the plant that gets people high.

Instead they've focused on CBD, an ingredient within cannabis that has been shown to have some incredibly positive effects on the human body.

They showed me case after case of children with epilepsy, paralysis, and even cancer, being treated with, and cured by, CBD-based medicines.

It's great to be part of a business that can have such a profound impact.

And it's quite a testament to this country that they set up the entire enterprise right here in Colombia.

The founder of the business, an old friend of mine, told me yesterday that there's no way they could have built this company in North America or Europe.

Colombia is light-years ahead of most of the world in terms of its cannabis regulations, so what the company is doing wouldn't even be legal in most places.