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Home»Business & Industry»Mexico Grants First License for Cannabis Cultivation
Business & Industry

Mexico Grants First License for Cannabis Cultivation

May 31, 2023No Comments2 Mins Read
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Mexico Grants First License for Cannabis Cultivation
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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 Court docket 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, stated the license “represents an essential second for hashish globally with the primary ever grant for full cultivation, harvesting, processing and industrial actions to a company entity in Mexico.”  

“This grant follows years of arduous work and focus by a faithful staff and is simply the start of what Xebra has laid as the inspiration for progress. The trail is now clear for Xebra to proceed ahead to unlock the industrial alternatives that exists. We’re excited to begin the method of participating with potential companions and stakeholders by way of numerous industrial joint-ventures/partnerships.” — Garnett in a press release 

In 2021, Mexico’s Supreme Court docket 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 obtained by Xebra embrace normal situations regarding security protocols, safety measures, phyto-sanitation processes, pest administration procedures, and customary inspection and reporting provisions, the corporate stated. The authorizations are topic to Xebra satisfying the trade normal situations and initially enable the commercialization of merchandise that include lower than 1% THC. 

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