Mexico Grants First License for Cannabis Cultivation
Mexico’s authorities on Thursday granted its first-ever license for hashish cultivation within the nation. The Mexican Well being Regulatory Company awarded the license to Xebra Manufacturers which permits it to import and purchase hashish seeds, domesticate and harvest hashish, course of and produce hashish, and promote hashish merchandise each domestically and thru export.
The licensing comes two years after the Mexico Supreme Courtroom dominated hashish prohibition was unconstitutional which led to the passage of hashish reforms by federal lawmakers.
In a press release, Jay Garnett, CEO of Xebra Manufacturers, mentioned the license “represents an essential second for hashish globally with the primary ever grant for full cultivation, harvesting, processing and business actions to a company entity in Mexico.”
“This grant follows years of laborious work and focus by a loyal staff and is just the start of what Xebra has laid as the inspiration for development. The trail is now clear for Xebra to proceed ahead to unlock the business alternatives that exists. We’re excited to begin the method of partaking with potential companions and stakeholders by numerous business joint-ventures/partnerships.” — Garnett in an announcement
In 2021, Mexico’s Supreme Courtroom voted unanimously to grant Xebra Mexico an irrevocable injunction to commercialize hashish merchandise – the ultimate step required the regulators to ship formal authorizations. The authorizations acquired by Xebra embrace normal situations regarding security protocols, safety measures, phyto-sanitation processes, pest administration procedures, and customary inspection and reporting provisions, the corporate mentioned. The authorizations are topic to Xebra satisfying the business normal situations and initially enable the commercialization of merchandise that comprise lower than 1% THC.
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