Highlands Investments, operator of one of the largest outdoor cannabis grow facilities in Africa just completed a record-breaking cannabis export deal.
The company will ship out 8.5 tons of medicinal marijuana to North Macedonia in what will be the world’s biggest single legal cannabis export to date.
Highlands recently pulled together Canopy Growth Corp CGC’s former Lesotho assets and merged with leading CBD group Goodleaf. Now, the company seems poised to become one of Europe’s largest suppliers.
See also: Exclusive: Goodleaf-Highlands Merger Creates Largest Integrated Cannabis Co. In Africa
“This was our 4th and most successful harvest to date. The order equates to four 40-foot containers full of vacuum-packed medical grade cannabis, which is so large that it will necessitate chartering a plane to get it to Macedonia," Highlands Investments managing director Mark Corbett told Benzinga.
“We are fortunate to have some of the most competitive cost per hectare metrics and this, together with our ISO 22000 certification, makes our product highly desirable for the competitive European medical cannabis market,” Corbett added.
Encuentra nuestro contenido en Español en El Planteo:
- África: Ruanda Legalizó el Cannabis Medicinal
- Exclusiva: Fusión de Goodleaf y Highlands Crea la Mayor Compañía Integrada de Cannabis de África
Disclosure: Javier Hasse is long Highlands Investments.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Click on the image for more info.
Cannabis rescheduling seems to be right around the corner
Want to understand what this means for the future of the industry?
Hear directly for top executives, investors and policymakers at the Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9.
Get your tickets now before prices surge by following this link.