Avicanna Reaches Brazil With Aureus Branded Full Spectrum Psychoactive CBD Cannabis Extracts

Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) revealed Friday that it has completed its first commercial export of 20 kg of high CBD full spectrum psychoactive extracts to Brazil via its majority-owned Colombian subsidiary Santa Marta Golden Hemp S.A.S. (“SMGH”). The shipment is related to the previously announced three-year master supply agreement that SMGH executed with a leading Brazilian pharmaceutical in July 2021.

This marks the 11th country to which Avicanna has successfully completed the export of Aureus-branded products, which demonstrates the Company’s capabilities, innovation and regulatory expertise.

With a forecasted total market size of approximately USD $9 billion …

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