Khiron Life Sciences Corp (OTCMKTS:KHRNF) announced the first shipment of medical cannabis strains (live clones) to Europe. It expedites access to the markets in Europe.
Introduces cannabis-derived medicinal products
Khiron will unveil branded and medicinal products derived from cannabis in Europe through its supply chain partners, GMP certified. The company delivered its cannabis strains to over 13,000 patients with prescriptions in Latin America in 2020.
Khiron’s President (Europe), Tejinder Virk, said the company gained experience from its interaction with doctors in Europe and Colombia. The doctors require proof of safety to recommend cannabis as a treatment to their patients.
Khiron will offer a wider choice to the doctors by exporting its cannabis strains from Colombia. The company can achieve more efficacious and safe patient outcomes by providing proven cannabis extracts.
Khiron is experiencing tremendous growth in Colombia through its seed to the patient business model. Its medical cannabis extracts are proven to provide an alternative treatment for various ailments such as migraines, depression, insomnia, anxiety, chronic pain, Parkinson’s disease, and epilepsy. The company intends to replicate this success in other markets across the world and boost its revenues.
THC Biomed Intl Ltd (OTCMKTS:THCBF) Ensures Availability Of THC Kiss Gummies In British Colombia
THC Biomed Intl Ltd (OTCMKTS:THCBF) shipped its THC Kiss Gummies to British Colombia in March 2021.
THC Kiss Gummies are blended with the proprietary cannabis extracts of THC Biomed. Each THC Kiss Gummy package comprises 4 gummies. The total THC in all 4 gummies is a maximum of 10 mg.
Virginia expects to legalize recreational marijuana
Almost one in three Americans is living in the state where the use of adult-use pot is legalized. The local lawmakers in Virginia over the weekend approved a resolution making the use of marijuana legal. Virginia will become the first state in the US’s south to allow the use of marijuana for recreational use. The bill expects to get Ralph Northam’s signature, the governor of Virginia, to support the legalization of adult-use marijuana.
If the law is enacted, people aged above 21 years can use adult-use cannabis. They can also possess one ounce of cannabis. The state expects to generate around $1.5 billion annual sales within 5 years, beginning January 1, 2024.