CannaPharmaRx, Inc. (OTC PINK:CPMD), a future leader in ultramodern, highly efficient cannabis production facilities, announced today it had secured new genetic strains of cannabis for its declaration. This declaration gets submitted to Health Canada and will allow new strains to be sold to other licensed producers. The company anticipates this to be one of the final steps before its first harvesting, likely during the first quarter.
The declaration, submitted in conjunction with receiving a standard cultivation license, will allow the company to grow in excess of 200 separate strains. The genetics have been carefully selected by one of Canada’s premier master growers, who is employed by the company.
“This will result in some of the most desirable genetics in the country available to CannaPharmaRx. We hope to grow and harvest one of the most heavily demanded product lines available. It is our goal to start distributing products over the next quarter,” said Nick Colvin, CEO of CannaPharmaRx.
About CannapharmaRx, Inc.
CannapharmaRx is focused on the acquisition and development of state-of-the-art cannabis growth facilities in Canada. CPMD is in discussions with other companies regarding potential acquisitions. CannapharmaRx’s business strategy is to become a leader in the high-quality and low-cost production of cannabis through the development, acquisition, and enhancement of existing facilities. CannapharmaRx is committed to operating high-quality facilities utilizing the latest technology in combined heat and power generation to ensure we are a low-cost producer of cannabis.
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