New Colombia Resources Inc fka NEWC

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New Colombia Resources Inc. and Sannabis Announce an Increase in Local Distributors and International Interest for Medical Marijuana Products "Made in Colombia"


MIAMI, June 28, 2016 /PRNewswire/ --
Company Mining and Gravel Business approaching production and revenue stage.

New Colombia Resources, Inc. (OTC: NEWC), a Colombian company listed in the U.S., is pleased to announce that its medical marijuana joint venture Sannabis SAS has added more wholesale distributors. Sannabis will be increasing minimum orders for distributors to satisfy the growing need for their medical cannabis products. They are also setting up international buyers interested in importing Sannabis products to their home countries. Sannabis has been legally growing medical marijuana and manufacturing products on the Nasa Indian Reservation since 2014 and enjoys first mover advantage in Colombia. Indigenous societies are allowed to grow and process their sacred plants into medicines, including marijuana.

Since the Presidential executive order legalizing the cultivation of medical marijuana throughout the country was signed in December there are a few international companies trying to set up operations in Colombia. Sannabis is proud to be Colombian owned and operated and continues to work with the indigenous communities in creating a sustainable new industry for a post conflict Colombia. Most licenses to cultivate and process medical marijuana aren't expected until 2017 giving Sannabis a jump start on any potential competitors. Although international interest is welcome, many new players want to grow and run, exporting the product and adding value somewhere else. Sannabis is making every effort to create value added medical marijuana products "Made in Colombia" for the domestic and international market. This mission has given Sannabis tremendous support from the Indigenous communities directly affected by the armed conflict as well as local and national politicians. These communities have been growing and using marijuana as a medicine for generations, these value added products are adding many needed jobs to the region.

Sannabis hosted Colombia's first Cannabis forum this past weekend and was very pleased with the turnout; it was a packed auditorium. Sannabis added more distributors and doctors to their team and will be hosting additional forums in other cities around the country. To see pictures of the event, follow Sannabis on Twitter at

Sesion de preguntas en el foro Cannabis una alternativa de vida #sannabissas pic.twitter.com/17pehEgWzu

— Sannabis Centro de Bienestar (@SannabisOficial) June 25, 2016

New Colombia Resources would also like to update shareholders on the progress of their mining and gravel operations. Earlier this year the company submitted the addition of building materials to their existing approved Work Permit for metallurgical coal. The National Mining Agency (ANM) performed a site visit in May to approve this addition. They returned comments that were addressed by redesigning the work plan to include two pits instead of one. The new mapping and redesign is completed and being submitted to the ANM, shareholders can contact the company for a copy of the redesigned Work Plan. Once the ANM posts an approval resolution on their website, the company will submit it to the local environmental agency (CAR) for the final approval to begin gravel operations. They have been working with the CAR for some time and expect an expedited process of approval. According to this article from a leading financial news publication, Colombia is entering the "Golden Age for Construction Materials" with demand expected to double in the next five years. http://www.portafolio.co/economia/infraestructura/edad-oro-materiales-construccion-155176