Flora Growth Signs Letter of Intent to Enter Panama, Applauds Recent Cannabis Law Reforms


News from Panama

Flora signs Letter of Intent with an international importer and distributor based in Panama to provide cannabinoid containing food and beverages through its Kasa Wholefoods division, and finished cannabis derivative products for medical cannabis patients Recent passage of cannabis legislative in Panama legalizes the use of medical cannabis and creates regulatory framework to monitor and […]

September 20, 2021

AES acquires full stake in 381-MW Panama LNG-fired power plant


News from Panama

Global power generation utility owner AES is acquiring the remaining half of its liquefied natural gas power plant operation in Panama. The Virginia-based AES acquired 49.9 percent of AES Colón from Panamanian partner Inversiones Bahia Ltd. This gives the utility owner full control of the 381-MW LNG-fired plant and adjacent 180,000-cubic-meter storage and regasification facility. “This transaction […]

September 20, 2021

Traveling to Panama? Be prepared to quarantine if unvaccinated


News from Panama

Unvaccinated U.S. travelers entering Panama must quarantine upon arrival.  See the video here The Central American country added the U.S. to its list of “high-risk countries” on Thursday, a designation that makes entry for the unvaccinated more difficult through a mandatory 72-hour quarantine for travelers who can’t show proof of vaccination. Unvaccinated tourists must reserve and pay for the […]

September 20, 2021

Panama Welcomes Crypto Regulation Bill


News from Panama

The bill will allow Panama to become the choice jurisdiction for companies seeking to issue any type of asset. Crypto adoption is the new trend in South and Central American countries as they believe it holds a lot of financial and economic sense and potential for their citizens. While El Salvador has been able to actualize its aim […]

September 15, 2021

Panama Touts Bitcoin and Ethereum in New Crypto Law


News from Panama

Central America’s bitcoin adoption is on the rise, with Panama the latest country to flock toward cryptocurrencies. The development has unfolded on the very same day that El Salvador officially accepts bitcoin as legal tender. Now the Republic of Panama is moving in the same direction but is putting its own personal touch on the roll-out by […]

September 15, 2021

Panamanian Pineapple’s Sweet Journey to China


News from Panama

Located at the isthmus of Central America, Panama is known for the Panama Canal, Geisha coffee, and tropical fruits like pineapple and banana. On June 13, 2017, China established diplomatic relations with Panama, a country then little known to most Chinese but went on to impress the Chinese with its many delicacies. Pineapple is a […]

September 15, 2021