BOGOTA, Colombia, June 25, 2018 /PRNewswire/ --
Foliumed, a vertically integrated international producer of medicinalcannabis products has agreed to supply pharma-grade extracts to Medisun, an applicant under Health Canada's licensing regime.
(Logo: https://mma.prnewswire.com/media/709862/Foliumed_Logo.jpg )
Starting in Q1 2019, and subject
Oliver Zugel, CEO of Foliumed, stated: "We are looking forward to work with Medisun to provide Canadian patients with high quality medicinal extracts at affordable prices, derived from a large variety of Colombian strains. This deal adds an exciting export opportunity to our sales efforts in Latinamerica, a market with a population of over 625 million people".
Art Caron, CEO of Medisun, said: "We are very pleased to be moving forward with Foliumed in what we believe will be a very successful relationship."
Foliumed is a vertically integrated, global cannabis company with cultivation, production and distribution assets in the USA, Latin America and Western Europe with annual flower throughput capacity of 65,000 kg and 10,000 kg of pharma grade oil extracts. Foliumed combines its low-cost position, access to unique cannabis cultivars and intellectual property from leading R&D innovators to provide affordable access to value-added medicinal cannabis products in international markets.
For more information, please contact us at firstname.lastname@example.org or visit our Web: www.foliumed.com
Medisun Inc, a limited private Ontario corporation which has made its application to become a licensed producer of medical cannabis pursuant to Health Canada's Access to Cannabis for Medical Purposes Regulations ("ACMPR"). The Company will be phasing in a 220,000 square feet, state-of-the-art greenhouse facility in Grande Pointe, Ontario, to be expanded subsequently to 800,000 and 1,200 000 square feet. Once at full capacity in 2019, this greenhouse site will conservatively yield over 81,000 kg of cannabis per year. Medisun differentiates itself by having extensive proven growing expertise and being the lowest cost/highest yielding producer in Canada.
For more information, please contact us at email@example.com
6640 Rivard Line,
Grande Pointe, Ontario. Canada. N0P1S0
Investor and Media Contact
Oliver Zugel Founder and CEO firstname.lastname@example.org
SOURCE Foliumed Colombia S.A.S
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