Ikänik Farms Inc.'s Colombia subsidiary made its first sale and exportation of THC to Mexico.
It's also the first company to complete a “commercial sale” for export.
The company intends to introduce cannabinoid solutions via Formula Magistral in Latin America to help with various illnesses, such as epilepsy, cancer, and insomnia.
Ikänik Farms also plans to list on the Canadian Securities Exchange.
"We are excited to participate in this groundbreaking moment for the cannabis industry and the countries of Mexico and Colombia, as the first Colombian company to export psychoactive cannabis oil to Mexico," stated Borja Sanz de Madrid, President of Ikänik Farms, International. "We would like to thank both governments for their roles, ensuring this collaborative effort remained a …