Pervasip Corp (PVSP)

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Americans will grow and process cannabis in Uzbekistan
The resulting products are planned to be distributed in the markets of Europe and Asia.
Americans will grow and process cannabis in Uzbekistan
Photo: thailandretirementplants.com

American Vics plans to grow cannabis in Uzbekistan, follows from the press release of the company. After that, the resulting products will be distributed in the markets of Europe and Asia, Spot.uz reports .

Vics CEO and founder, Kyong Le Kim, noted that this is a "colossal project" that more than 20 companies wanted to get hold of.

We intend to create a standard for the construction of large-scale cannabidiol production in Uzbekistan and to disseminate this model,

- he said.

It is noted that the other day Vics sold 19.9% ??of another American company, Transcendence, which in turn is a subsidiary of Pervasip Corp. - a large corporation whose shares are traded on the stock exchange.

According to Transcendence President Cesar Herrera, the company intends to work closely with the Uzbek government to help create legislation related to the cultivation and processing of cannabidiol.

Uzbekistan is at the initial stage of market development, so we will take a strategic position to create infrastructure,

- he explained.

Vics and Transcendence will share all income and expenses for the project in Uzbekistan.

Recall that the conditions for obtaining a license to work with cannabis were previously named .
https://repost.uz/kannabis-v-uzb