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Investors eye Uruguay as medical cannabis export hub

Investors eye Uruguay as medical cannabis export hub

Nearly six years after Uruguay fully legalized cannabis, investors are eyeing the South nation that is american an export hub for medical cooking pot.

Silverpeak Life Sciences Uruguay is in talks with investment bankers to raise $35 million so that you can increase manufacturing fourfold this season. Silverpeak, that will be among the country’s largest medical cannabis organizations, additionally intends to build a bigger extraction laboratory in 2020. cbdoilreviewer.net reviews

In accordance with Silverpeak Life Sciences CEO and U.S. cannabis investor Jordan Lewis, their desired and planned expansion involves about 25 tons next year. He stated that this expansion is being expected by them to build over $100 million in income.

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Investors happen funds that are pouring Canada while the U.S. Seguir leyendo Investors eye Uruguay as medical cannabis export hub