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4Cable TV International, Inc. (CATV) Announces the Acquisition of Green Bros S.A.S., a Colombian Company Owning Four Cannabis Licenses to Cultivate, Manufacture, and Export Cannabis-related Products
4Cable TV International, Inc. (CATV) Announces the Acquisition of Green Bros S.A.S., a Colombian Company Owning Four Cannabis Licenses to Cultivate, Manufacture, and Export Cannabis-related Products.
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[{"type":"text","content":"\n\n\n\n4Cable TV International, Inc. (CATV) Announces the Acquisition of Green Bros S.A.S., a Colombian Company Owning Four Cannabis Licenses to Cultivate, Manufacture, and Export Cannabis-related Products\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n4Cable TV International, Inc. (CATV) Announces the Acquisition of Green Bros S.A.S., a Colombian Company Owning Four Cannabis Licenses to Cultivate, Manufacture, and Export Cannabis-related Products\nPR Newswire\nMIAMI, Fla., March 17, 2021\n\n\n\nMIAMI, Fla., March 17, 2021 /PRNewswire/ -- 4Cable TV International, Inc. (OTC: CATV) (the \"Company\" or \"CATV\") announced today that it completed the acquisition of all of the outstanding capital stock of Green Bros, S.A.S. (\"Green Bros\").  Green Bros, based in Medellín, Colombia, owns four cannabis licenses to cultivate, manufacture, and export Cannabis-related products.   \n\n \n \n \n \n \n \n\n \nAt the beginning of 2021, the Colombian Ministry of Health and Social Protection published a draft bill (relating to Law 1787 and Decree 613 from 2017), which, among other things, seeks to facilitate access to Cannabis products for Colombians and allow Colombia companies to export THC dry flower. The Company recognized this opportunity as a means to further its transformation into a fully integrated global Cannabis business. The Company acquired Green Bros to initiate its ability to cultivate THC for the Company's international Cannabis business.\nThe Licenses\nWith its headquarters in Medellín, Green Bros' received its much-awaited Colombian licenses in 2020. Revolutionizing the traditional way of product manufacturing, Green Bros has brought the most advanced technologies to use to achieve exceptional production of high-quality cannabis for export with ease, subject to final rules permitting such export from Colombia.\nHaving an expert team of dedicated specialists and marketing professionals on-board, Green Bros has been fortunate to receive its cultivation licenses and required registration approvals to further progress on its ...