Khiron Life Sciences Corp (KHRNF)

[john1311]

Khiron Initiates Construction of Cultivation and Processing Facility in Uruguay, Expanding Multi-Jurisdiction and Export Capacity

Facility in Juan Lacaze includes GAP-compliant 8,000 m2 (86,111 sq.ft) cultivation area and a GMP-compliant 1,800 m2 (19,375 sq.ft) processing plant, with a production capacity of 17 tons per year

Increases Khiron's total production capacity and strengthens ability to export and supply cannabis across the Mercosur trading bloc, with access to Brazil and Europe

Medical cannabis markets in Brazil and Europe are expected to be respectively worth $144.3 billion USD and €115.7 Billion by 2028 (Source: Prohibition Partners)

Construction scheduled for completion in mid Q3 2020

https://investors.khiron.ca/press-releases/detail/114/khiron-initiates-construction-of-cultivation-and-processing