International Cannabis kicks off construction at Colombian cannabis 'centre of excellence'
International Cannabis Corp (CSE: WRLD, OTC:KNHBF) said it had kicked off construction at a flagship pot property, which it hopes will help to “catapult” Colombia into a world-class Cannabis growing jurisdiction.
The firm has broken ground on the first phase of building the Colombian Cannabis Centre of Excellence (COE).
It will serve as headquarters for the firm’s flagship property called the Cannabis Park, which lies in the heart of the Bogota Savannah in Funza.
Cannabis Park is forecasted to produce between 25,000 and 40,000kg of dried Cannabis flowers per year, and once fully optimized, the Colombian assets are projected to generate up to 500,000kg of dried Cannabis flower per year.
Significantly, it lies within 20 km of Bogota’s international airport.
ICC holds licences to cultivate, produce, hold, sell and export cannabis and its by-products.
Phase 1 of the Cannabis Park construction is currently underway, which is a one hectare, polycarbonate greenhouse.
Once that phase is complete, the company will begin test trials of its ten primary Cannabis strains.
ICC will then present its findings to Colombian officials who will then award the company its finalized quotas.
“We envision Cannabis Park as a place where the finest minds in the science and art of Cannabis cultivation and production will gather for the benefit of the industry as a whole,” said Eugene Beukman, the chief executive and director of ICC.
“We believe that our commitment to the Centre of Excellence for reflects ICC’s stated objective of being at the vanguard of Cannabis science. This marks our first step to becoming a major world wide producer of premium recreational and medicinal Cannabis.”
ICC is a fully licensed producer and distributor of medicinal cannabinoid extracts, recreational cannabis and industrial hemp products in Uruguay.
It is also a fully licensed producer of medicinal cannabis in Colombia. The company has active operations in Uruguay, and is focused on becoming the worldwide leading producer of cannabinoid extracts.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/206398/international-cannabis-kicks-off-construction-at-colombian-cannabis-centre-of-excellence--206398.html
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