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Avicanna Subsidiary Completes Export of CBD Dominant Cannabis Flower into Switzerland
Globenewswire· 2025-09-03 11:30
Core Insights - Avicanna Inc. has successfully completed its first export of organic certified non-psychoactive CBD dominant cannabis flower to Switzerland through its subsidiary Santa Marta Golden Hemp SAS, marking a significant milestone for the company [1][4] - This export expands the Aureus branded products to 20 international markets and Avicanna products to 23 markets, showcasing the company's ability to navigate complex regulatory environments for international commercialization [4][6] Company Developments - In 2024, Avicanna improved internal practices and local infrastructure at Santa Marta Golden Hemp SAS to enhance its portfolio of premium organic flower, responding to the increasing demand for medical cannabis in Europe and Australia [3] - The export included three proprietary cannabis varieties registered in Colombia, further validating the company's expertise in the cannabis sector [4] Product and Market Information - The Aureus brand encompasses a range of raw materials and active pharmaceutical ingredients (APIs) including CBD, CBG, and THC, which are essential for the company's supply chain and product offerings in consumer retail, medical cannabis, and pharmaceuticals [5][11] - Santa Marta Golden Hemp SAS has received Good Agricultural and Collection Practices (GACP) and Organic certifications under the USDA National Organic Program, ensuring high-quality input materials for various industries [6] Operational Capacity - The SMGH facility spans approximately 300,000 square feet with an extraction capacity of 300 kg, yielding around 26,400 kg annually, which supports the company's production capabilities [6]