There’s no keeping back for Aurora Cannabis! South American expansion is underway

Aurora Cannabis Inc. announced its takeover of ICC laboratories Inc. so that you can increase into South Usa. ICC laboratories runs in Uruguay and it is considered a frontrunner into the cannabis that are region’s.

ICC, which can be located in Vancouver, Canada, apparently includes a 70% market share in Uruguay and holds medical cannabis manufacturing licenses in Colombia.

Worldwide CBD Exchange

Based on Aurora, it acquired ICC Labs for approximately C$295 million or C$1.95 per share

Cannabis in Uruguay

Uruguay could be the only nation in south usa that features fully legalized cannabis. In reality, with then-President Jose Mujica signing the legislation to legalize leisure cannabis in 2013, Uruguay became the country that is first In modern times to legalize the drug for both recreational and medical purposes.

In 2014, the country permitted residents to cultivate as much as six cannabis flowers at home. It legalized the forming of growing groups, plus thecreation of the cannabis institute that is regulatory a state-controlled cannabis dispensary regime. Читать далее →