Avicanna Inc. (TSX:AVCN) (OTCQX: AVCNF) (FSE:0NN) announced late Monday that the Colombian government allowed it to cultivate and process up to 10,267 kg dry flower for exports under a 2021 quota.
Santa Marta Golden Hemp S.A.S., the Colombian subsidiary of the Toronto-based company, can export dried flower in the form of psychoactive (THC) crude and standardized extracts, as well as finished phytotherapeutic pharmaceutical products.
In addition, SMGH can grow up to 1,720 cannabis plants to manufacture seeds from four registered psychoactive varieties for further commercialization.
“I believe that in the context of an emerging industry in its early stages, this is a very important milestone for Latin America, especially in an industry …
