Cannabis Companies are Aggressively Expanding Their Global Footprint - Seite 2

Other cannabis-related developments from around the markets include:

Cannabis Science Inc. (OTCPK:CBIS) just announced that it has been introduced as one of the key industry partners in the recently launched, ground-breaking International Phytomedicines Institute (IPI) at Harvard Medical School. The International Phytomedicines Institute (IPI), launched during this year's Harvard GHC Summit, is a transformative initiative by the Global Health Catalyst designed to elevate phytomedicines in global health, accelerate clinical translation and commercialization of evidence-based plant medicines/healthcare products and provide a world class core facility for research, and consultation on medicinal plants. The IPI aims to leverage the best science, technology, and education from Harvard and partner institutions such as University of Oxford, Purdue University, University of Pennsylvania, Baylor College of Medicines, Brigham Woman's Hospital, Massachusetts General Hospital, Heidelberg University, University of Massachusetts Lowell, Massachusetts Institute of Technology, the Smithsonian Institute Washington DC, and IBM, to name a few. The Harvard GHC Summit had the pleasure to announce some of its newest IPI collaborators including some of the Greatest NFL players of all time and their organizations, Nestre, Lockeroom Consulting, and Primitive.

OrganiGram Holdings Inc. (NASDAQ:OGI)(TSX-V:OGI) received approval from Health Canada for the licensing of 17 additional cultivation rooms within the Phase 4A/4B perimeter of the building. Thirteen of 31 Phase 4A cultivation rooms originally contemplated have previously been licensed. The 31st room initially contemplated for Phase 4A is being moved from the Company's 4A plans to its 4B licensing plans thereby adjusting Phase 4A from 31 to 30 rooms and Phase 4B from 32 rooms to 33 rooms. The approval of the new cultivation rooms represents 14,000 kg/yr of increased target production capacity for total licensed production capacity of 61,000 kg/yr (down from 62,000 kg/yr as a result of the room moved from Phase 4A to 4B). This change was made to optimize licensing and construction scheduling and continuity. "Sustainable growth, exceptional quality and constant innovation are the pillars of our overall strategic approach," explains Greg Engel, CEO, Organigram. "We are proud to continue to increase our physical capacity to meet the needs of cannabis consumers across the country while also bringing new thinking and technology to our production."