CANNAINVESTOR Magazine May / June 2017 | Page 33

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-Crop harvested with 50:50 joint venture partner Fundacion Daya in April 2017

-400 plants across eight strains at a 30-hectare facility south of Santiago, yielded around 400kgs of dried cannabis buds

-Crop will be processed into medical cannabis formulations selected for clinical trials for registration in Chile and sale to third parties

Favourable Regulatory Framework in Chile

-Chile provides an internationally well regarded framework supporting the entire production chain from cultivation, processing, formulation, trials, research and registration.

-Supply to Chilean patients and export of products allowed once registered

FIRST CROP TO BE HARVESTED IN CHILE