VANCOUVER, March 12, 2019 – PRESS RELEASE – CannAmerica Brands Corp. has announced that it has entered into a binding letter of intent (LOI) to create a joint venture with Sericea Labs S.A. de C.V. (SERICEA) and CBDistribution Company Ltd. (CBDC) with the intention of building a facility in Mexico for importing and warehousing licensed CBD products as well as CBD oils and tinctures destined for refining.
Experienced Chief Executive Officer with a demonstrated history of working in the wholesale industry. Skilled in Data Integration, Communication, Corporate Governance, Sales Operations, and Sales Management. Strong business development professional with a Bachelor of Science (BSc) focused in Criminology.
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Agriculture is Ohio’s number one industry. One in seven Ohio jobs are related to agriculture and it contributes more than $120 billion annually to the economy. Palenda said growing hemp could be a new industry to supplement Ohio farmers. “Farmers could supplement what they’re currently doing now with the farm bill that exempts hemp from the scheduled product so that farmers and the legislature can consider growing hemp as an industry for farmers.”
Wilson, North Carolina
MORRISVILLE, N.C., March 12, 2019 /PRNewswire/ —Pyxus International, Inc. (NYSE: PYX), a global value-added agricultural company, is pleased to announce the opening of its affiliate, Criticality, LLC’s, industrial hemp extraction and purification facility located in Wilson, North Carolina. The 55,000 square foot state-of-the-art facility was unveiled during a ribbon cutting ceremony and grand opening event on March 12.
Korent is the brand and final product.
According to data compiled by IMARC Group, the global medical cannabis market was estimated to amount to more than USD 11 Billion in 2017. By 2023, the data suggests that the medical segment will reach USD 37 Billion, while registering a CAGR of 22% from 2017 to 2023. Pressure BioSciences, Inc. (OTC: PBIO), Aphria Inc. (NYSE: APHA) (TSX: APH), Pyxus International Inc. (NYSE: PYX), Charlotte’s Web Holdings, Inc. (OTC: CWBHF) (CSE: CWEB), Organigram Holdings Inc. (OTC: OGRMF) (TSX-V: OGI)