Wednesday, May 01, 2019 2:18:02 PM
"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/
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM