South Africa’s Felbridge Completes Country’s First Commercial Export of Medical Cannabis to Europe

CANNANNEW REPORT

Establishes Itself as South Africa’s Leader in Cannabis Cultivation & Supplier of Cannabis & Hemp Starter Materials to Global Markets STELLENBOSCH, WESTERN CAPE, SOUTH AFRICA, June 25, 2021 /EINPresswire.com/ — Felbridge, a leading South African cultivator and supplier of cannabis and hemp starting materials is pleased to announce that it has successfully exported South Africa’s first commercial shipment of Dry Cannabis Flower to Switzerland. The 320kg shipment was dispatched from the Cape Town International Airport and establishes Felbridge as a leading producer for the global market and directly links African cultivation with European consumption. The shipment is the first of a significant multi-year offtake agreement with similar size shipments expected to be exported in line with the company’s production schedule. The export follows the announcement by Felbridge that it had recently exported its first shipment of cannabis in-vitro tissue culture to a licensed producer in North Macedonia. Leslie Zetler, Chief Executive Officer of Felbridge, commented “Exporting South Africa’s first commercial shipment of medical cannabis to Europe represents our most significant milestone to date. It is a major achievement not only for our Group but for the South African cannabis and hemp industry and it reinforces our belief that our genetics, which are developed using artificial intelligence breeding technologies, will continue to experience strong demand from the European market. We believe that we have taken a giant first step in answering the call of President Ramaphosa who in his 2020 State of the Nation address called for the development of the local industry in line with global trends.” Felbridge, which obtained its cultivation license in 2020, is not only developing its own distribution channel for its dry flower and starter material offering but is also positioning itself to assist other licensed cultivators who utilize its genetics with offtake opportunities into global markets.…

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Source : South Africa’s Felbridge Completes Country’s First Commercial Export of Medical Cannabis to Europe

reposted by Cannabis News World

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