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Avicanna Advances its Supply Chain Business with Commercial Exports of CBG And CBD into the United States and Germany as well as Industrial Scale THC Quota Granted by the Colombian Authorities
Avicanna Advances its Supply Chain Business with Commercial Exports of CBG And CBD into th...
About this update from Avicanna Inc
[{"type":"text","content":"\n\n\n\nAvicanna Advances its Supply Chain Business with Commercial Exports of CBG And CBD into the United States and Germany as well as Industrial Scale THC Quota Granted by the Colombian Authorities\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\n\nCanada NewsWire\nTORONTO, Aug. 24, 2020\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS/ \nThe export of the CBG isolates into the United States is part of the first known industrial cultivation, extraction, and purification of cannabigerol (\"CBG\") in Colombia, validating the Company's early mover advantage in proprietary genetics, extraction, and high margin input materials. The commercial THC cultivation quota for 11,587 psychoactive plants will be used for commercial production of THC derivatives for exports. The group of exports into the United States were also piloted as a part of a global tracking system through StrainSecure™, a brand of TruTrace Technologies. TORONTO, Aug. 24, 2020 /CNW/ - Avicanna Inc. (\"Avicanna\" or the \"Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products announces that through its majority owned subsidiary, Santa Marta Golden Hemp S.A.S. (\"SMGH\"), the company has completed exports of CBG and CBD isolates into the United States, CBD isolate into Germany and the commencement of a pilot tracking system for the export of its active pharmaceutical ingredient (\"API\") products in partnership with TruTrace Technologies Inc. (\"TruTrace\") (CSE: TTT) (OTCQB: TTTSF). The Company is also pleased to announce that the Colombian Ministry of Justice and Law has granted SMGH a commercial and industrial cultivation quota for 12,264 THC plants by. \n\n \n \n \n \n \n \n\n \nThe export and sale of the commercial lot of isolated CBG into the United States was completed in parallel with commercial export of is...