Branch² Intelligence
This farmer wanted to quit the cocaine industry - he couldn't
Key takeaway
Colombia's crop substitution program fails, driving farmers back to coca cultivation.
- Step 1Colombian government fails to deliver promised financial support to farmers, causing program abandonment.
- Step 2Farmers return to coca cultivation, increasing coca leaf supply and lowering raw material costs for traffickers.
- Step 3Lower coca prices reduce wholesale cocaine prices globally, squeezing trafficking margins and potentially increasing purity or consumption.
Source: BBC News — Business
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