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Friday, 08/09/2019 11:14:39 AM

Friday, August 09, 2019 11:14:39 AM

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CBD Life update:
Yesterday, the Mexican company CBD Life launched the first five cannabis-based products on the national market, of the 21 that were approved by the Federal Commission for the Protection of Health Risks (Cofepris), including Mariguanol. "We are dating these cosmetic products that we consider to be the most pleasant way to enter this market," said Janko Ruíz de Chávez, director of operations for the company.

Iker Ruíz de Chávez, general director, CBD Life, explained that the remaining 16 products will be launched depending on the country's progress and regulation in that area. The introductions have more than two years of development and involve hot, relaxing, refreshing balms, massage oil and Mariguanol. "They are part of the 38 permits that were given, as CBD Life we ??have been working with the authorities for more than three years seeing how the regulations are developed. As the first Mexican company that is integrating the products into formal channels we do hope to have a very good participation with the market,

We recommend: Cannabis fund, with 50% return in 60 days They argued that the first sales will be made the third week of August and that they will reach more than 40 thousand points of sale from pharmacy chains, self-service stores, departmental stores, among others. They said they are still waiting for what will happen with the revocation of the guidelines by Cofepris so that the marijuana industry continues to grow. The representatives of the manufacturer of Mariguanol said that it is estimated that the Mexican market could reach sales of 2 billion dollars.



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