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 pot.
Silverpeak Life Sciences Uruguay is in talks with investment bankers to raise $35 million in order to increase manufacturing fourfold this present year. Silverpeak, that will be one of several country’s largest medical cannabis businesses, additionally intends to build a more substantial removal laboratory in 2020.
Relating to Silverpeak Life Sciences CEO and U.S. cannabis investor Jordan Lewis, their prepared and desired expansion involves about 25 tons next 12 months. Read More