CALGARY, AB / ACCESSWIRE / July 9, 2019 / Asia Cannabis Corp. (“ACC” or the “Company”) (CSE:
Through its regional representatives, management of ACC continues to maintain its close ties in the Kingdom of Cambodia and is monitoring potential changes to the regulations which govern hemp research and production in that country. ACC continues to endorse the establishment of a policy which grants a social license for the re-establishment of a commercial hemp agricultural base as management is certain this will ultimately provide
ACC has also initiated business expansion activities in the general region and is pleased to announce that it has solidified contacts in
In commenting on this development, David Pinkman, CEO, stated: “We are confident that solid foundations the Company is building in
ACC is an early stage international agri-technology company which has begun the process of creating a business focused on the development, evaluation, testing, application and, ultimately, supply to the market of proprietary organic hybridization technology and certain products derived from that technology. The core approach of the business will be centred on the planting, growth and harvesting of new and valuable strains of hemp and related crops in commercial quantities under the terms of the InPlanta License Agreement.
In conjunction with InPlanta, the Corporation plans to develop varieties of hemp with superior growth and production characteristics in the various environments found in the licensed territories With the data and associated knowledge gained from these activities, the Corporation intends to leverage the technology to develop a portfolio of strategic hemp investments to take advantage of both the changing social climate relative to hemp use and the historic acceptance of the use of these products and their derivatives in certain of the jurisdictions granted under the License Agreement.
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Chief Executive Officer
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SOURCE: Asia Cannabis Corp.
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