It just doesn make agricultural

Tue, Oct 29, 2013

Uncategorized

Pair of deals point towards Canadian cannabis interest in South America

A pair of announcements this week from a small cannabis company backed by industry powerhouse Aphria Inc. point to increasing interest in South America from Canadian Fake Designer Bags marijuana companies.

Scythian Biosciences Corp., which counts Aphria as its largest shareholder and wholesale replica designer handbags is chaired by Aphria CEO Vic Neufeld, announced Monday its intention to acquire Ontario based MMJ Colombia Partners Inc., which is in the process of buying a Colombian cannabis company.

best replica designer It also announced that an Argentinian company it is trying to buy has secured a license to import cannabis oil into Argentina replica handbags online for medical research. The oil will be supplied by Aphria. best replica designer

replica bags buy online Both deals are small, uncertain steps, and are conditional upon several other deals closing. replica bags buy online

replica bags But they Designer Fake Bags are part of a wider trend of transactions that have seen Canadian cannabis executives warm to the Replica Handbags possibilities Fake Handbags of South American markets. replica bags

buy replica bags Those opportunities Latin America is both a potentially large medical market and a source for low cost agricultural Designer Replica Bags exports have for months been eagerly pitched Wholesale Replica Bags by smaller Canadian or Canadian financed cannabis companies active in South America. buy replica bags

replica designer bags just doesn make sense to Replica Bags spend $10 million retrofitting a warehouse in Paris, Ontario to grow cannabis. It just doesn make agricultural, agronomic sense, said Michael Galego, director of ICC Labs, which operates a facility in Uruguay, the first country in the world to allow legal recreational replica handbags china cannabis. want to be a wholesale, low cost producer for any Canadian LP that Replica Handbags wants us. company, which intends to focus on cannabis extracts like cannabidiol (CBD) replica Purse oil for export, has signed Replica Bags Wholesale supply deals with Ontario Replica Designer Handbags licensed producer Emblem Corp. and Nuuvera Inc., which was recently acquired by Aphria. replica designer bags

While Uruguay high quality replica handbags leads the pack in terms of legalization, several other South American countries are moving toward broader acceptance of medical marijuana. It now legal in Argentina and Chile, as well as KnockOff Handbags in Mexico, although it has to be imported and can only be prescribed for a limited number of ailments.

best replica bags markets haven opened up as quickly as we thought they would, but I think eventually we get to a spot where it more prevalent in Argentina and Brazil, and that 300 million plus people, Galego said. best replica bags

high quality designer replica Colombia, with its low cost equatorial growing climate, and long, though troubled, experience with narcotic cultivation, is going further, allowing in country cannabis growing. high quality designer replica

you break down the barriers for the countries, you start talking about the market size, you start talking about the opportunity for growth, Colombia could position itself to take over that https://www.aabags.ru entire region, said Alvaro Torres, CEO of Colombia based, Canadian financed Khiron Life Sciences Corp.

bag replica high quality In contrast to other Colombian cannabis plays focused primarily on low cost growing, Torres is trying to build a value added medical brand by purse replica handbags investing in clinics and hosting medical conferences. Still, the end this is a plant that grows naturally in these countries, said Torres. bag replica high quality

It not only niche companies that are eyeing South America. Canopy Growth Corp., the largest Canadian cannabis company, has established a foothold cheap replica handbags on the continent through Bedrocan Brazil and Spectrum Chile. and is conducting research and development activities in Santiago.

designer replica luggage was an early mover into Latin America and we continue to view Spectrum Chile and Bedrocan Brasil as important parts of our international expansion strategy as those markets develop, Canopy communications manager Jordan Sinclair wrote in an emailed statement. designer replica luggage

Then there Cannabis Wheaton Income Corp. which bought a property in Uruguay earlier this year, and Tilray Inc. and Medreleaf Corp., which have shipped medical products to Chile and Argentina, although on a limited basis.

Despite the interest, however, it unclear how these medical markets will develop over the next few years, and, as with other international plays, there considerable regulatory risk. You only have to look to Germany, where Canadian companies have been left in limbo after a Handbags Replica German court halted the government licensing process for in country cultivation.

luxury replica bags don know politically that the next (Colombian) president won retrench some of the advances they made (on cannabis legalization), said Galego aaa replica designer handbags of the presidential election happening this year luxury replica bags.

Comments are closed.