One World Products Inc (OWPC)

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One World Pharma Announces First Sale of Cuttings in Colombia

One World Pharma Inc.
Mon, April 26, 2021, 8:00 AM·3 min read

LAS VEGAS, NV, April 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire ? One World Pharma Inc. (OTC: OWPC), (“OWP” or the “Company”), a U.S. based, fully licensed, pure-play hemp and cannabis ingredient producer in Colombia, is pleased to announce that it has completed its first sales of cannabis “cuttings” pursuant to approval from Instituto Colombiano Agropecuario (ICA). One World Pharma applied for and recently received approval from ICA in to sell cuttings or plantlets of its previously registered strains pursuant to its seed license.

Plantlets or “cuttings” are tiny germinated plants that can be immediately transplanted and grown in new areas. The ability to sell cuttings is mutually advantageous to OWP’s customers and the Company. While many cultivators prefer and are comfortable with purchasing and planting seeds, many would prefer the time-to-market advantage and elimination of germination risk by buying plantlets. One World Pharma has developed an effective means by which to grow genetically superior cuttings at scale.

To that end, OWP cuttings can be grown in a 20 day cycle with a current capacity of approximately 9,000 per cycle, with an expected scaling to a capacity of 18,000 cuttings per cycle by year end.

This new ICA approval builds on previous CBD and THC strain approvals and is an effective confirmation of the importance of the Company’s seed license. It is also another revenue stream concurrent to the Company’s seed sales and oil sales.

“One World Pharma continues to press forward with its plan to be a domestic and international provider of the highest quality registered genetics for its own sales and monetization, and for fellow cultivators who are without their own elite genetics and seed licenses,” said Isiah Thomas, CEO, of One World Pharma.

About One World Pharma

Formed in 2017, One World Pharma Inc. (“OWP”) is a fully licensed global supplier of high-quality hemp-derived ingredients for use in the manufacturing of Consumer Packaged Goods (CPGs) and Over-the-Counter (OTC) products. OWP offers a reliable and sustainable supply chain for chemical formulators, food & beverage producers as well as beauty product manufacturers worldwide. The company maintains corporate offices in Las Vegas, NV and Bogota Colombia and a facility in Popayan, Colombia.

One World Pharma Investor Relations & Financial Media

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