ICC International Cannabis advancing Danish cannabis operations

ICC International Cannabis Corp.(CSE:WRLD) updated on its operations in Denmark, where it is advancing a 473,000 sq ft, fully automated greenhouse.

ICC controls one of 12 cannabis cultivation and manufacturing licences in Denmark.

The company said it had identified the city of Møeldrup, Denmark as the epicentre of local operations, and secured a fully equipped 55 acre land parcel there.

It is advancing relationships with the mayor and town council of Møeldrup, and solidified its European strategy in a Cannabis friendly regulatory arena.

ICC and Sababa Sciences have deigned the greenhouse that will meet certain standards, while the pair are also developing an on-campus European GMP compliant facility using advanced analytics to maximize extraction and product manufacturing processes.

ICC says its entry into Denmark mirrors industry peers such as Canopy Growth Corporation (TSE:WEED), Green Organic Dutchman Holdings, Aurora Cannabis Inc (TSE:ACB). and CannTrust Holdings (TSE:TRST).

“The Town of Møeldrup and its Mayor Ulrik Wilbek have made great efforts to host ICC and Sababa Sciences,” said Eugene Beukman, chief executive and director of ICC.

“We are proud to be working with a forward-thinking industrious town with a robust infrastructure. Since legalization on January 1, 2018, the Danish government has displayed strong support for Cannabis development, in the forms of research grants and tax incentives.

“ICC holds claim to premier European Cannabis assets; domiciled in a jurisdiction with a highly skilled agriculture and manufacturing workforce. With the help of Sabba Sciences, we look forward to continuing to advance our Danish operations.”

Finished cannabis and cannabis derivatives produced by the company will be sold through Denmark’s retail pharmacy network.

Denmark has developed a program for reimbursement for cannabis therapeutics through its national health care program.

Story by ProactiveInvestors