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Wednesday, 05/01/2019 2:18:02 PM

Wednesday, May 01, 2019 2:18:02 PM

Post# of 55140
old article (April 17, 2019)


"Breaking News: MYM Announces Large-Scale Hemp Cultivation Project on Resource-Rich Navajo Land in New Mexico, USA"

On April 9, 2019, MYM Nutraceuticals Inc. (CSE: MYM); (OTC: MYMMF) announced that it had entered into a memorandum of understanding with Aqueous Sciences of Nevada, a wholly owned subsidiary of One World Ventures Inc. (OWVI), to grow 3,000 acres of hemp on Navajo Nation land located near the four corners area of Colorado, Arizona, Utah and New Mexico, USA.

The recent passing of the Farm Bill saw CBD-rich hemp removed from the classified drug list, opening the door for farmers to legally grow CBD-rich hemp biomass. This partnership will create hundreds of jobs for the Navajo people and millions of kgs of CBD-rich hemp biomass.

MYM and Aqueous will incorporate a new company for the purpose of cultivating, extracting, and distributing hemp on 3,000 acres in New Mexico. Aqueous is the sole exclusive agent for the Navajo Nation, managing companies that wish to cultivate hemp on Navajo Nation land. MYM and Aqueous will work on an exclusive basis and will each own 50% of the new company. MYM and Aqueous plan to extend their activities to include extracting, manufacturing and distribution of hemp based products that will comply with Navajo Nation, USDA, FDA and FTC regulations and requirements.

Total annual production for this operation – when at full capacity – is projected to be 13,700,000 kilograms.


see https://marijuanastox.com/emerging-global-cannabis-cultivation-company-offers-high-upside-potential-2/