KELOWNA,
British Columbia, July 26, 2021 – PRESS RELEASE – Allied Corp., an international medical company
focused on creating and providing health solutions to address today’s medical
mental health issues, is pleased to commend the recent announcement made by the
Colombian authorities allowing for the export of dried cannabis flower from
Colombia to countries where it is legal to do so.
On July
23, 2021, Colombia President Ivan Duque Marquez signed a decree lifting a
prohibition on exporting dried cannabis flower. The directive also allows for
the expansion of sales of cannabis-based medicines and streamlines regulatory
procedures in Colombia. While only a few Colombian companies have been able to
export cannabis derivatives, such as cannabidiol (CBD) distillate and isolate,
up until now, the export of dried flower from Colombia has been prohibited.
"This
means Colombia can enter to play a big role in the international market,"
Duque said after signing the decree. “Latin American cannabis exports could be
worth $6 billion.”
Allied
continues to produce to European Pharmacopeia quality assurance standards. This
will position Allied flower to be sold into countries where it is legal to do
so.
“We
have been anticipating this decree. With this announcement, Allied is excited
to showcase our flower in those countries where it is legal to do so,” Allied
CEO Calum Hughes said. “The care and attention that we believe our production team
puts into the flower yields a premium product with the smell, taste and
aesthetics that are all appealing to the flower consumer. We believe that based
upon our industry leading genetics and experienced production team that Allied
will flourish in this new market segment. In our view, the flower market is
different that the extract market in that the quality, appearance, smell and
taste win customer loyalty. With flower, it has been our observation that it is
very hard to hide any impurities with regards to taste, smell and aesthetic
quality. We are proud to bring to market the Colombian flower that Allied has
produced.”
