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Re: Brio post# 3271

Monday, 02/19/2018 3:00:08 PM

Monday, February 19, 2018 3:00:08 PM

Post# of 4047
And let’s not forget their COLOMBIAN OPPORTUNITY

“In continuity with our global strategy, MYM recently signed a MOU with NEWCANNA S.A.S., a leading Colombian medical cannabis company to form a new joint-venture company. We saw this is as a massive opportunity for large-scale commercial cannabis cultivation and transformation of cannabis and hemp for medical, scientific and industrial purposes and export to global markets.
NEWCANNA brings with it agreements that represent a total of 7,400 acres of cultivation property. Growers over those properties have the capacity to be producing high-grade cannabis at low cost, for processing and export worldwide.

In partnership with the indigenous farmers of Colombia, NEWCANNA projects a substantial opportunity to increase the current output of cannabis. The high mountains of Colombia provide a perfect climate to cultivate cannabis and allow production costs to be a fraction of what it costs to produce in Canada.

The biggest value-added proposition of the deal is in the cultivation and transformation of raw materials into medicinal oils, tinctures and a variety of products. Much like our projects in Québec and Australia, the Colombian plan also includes a significant commitment to research and development for new products and enhancements to our lines.”

http://www.mymarijuana.ca/MYM+Responds+to+Recent+News+out+of+the+United+States+and+Provides+Global+Operations+Update


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