RE:RE:RE:RE:CANNABIS NEWS - Benchmark Signs Strategic China Cooperation On the contary, China does not have "Health Canada" standards.
Canada is the second country to legalize and regulate cannabis and grows some the highesy quality in the world. Beyond exports, Canada has expertise
"Part of the reason we decided to invest in a cultivation facility in Portugal was that we also saw a massive increase in demand for medical cannabis product in the EU," explains Kennedy, who sees a bright future well beyond Canadian exports.
Canadian expertise in growing and greenhouse technology, extraction methods, strains and genetics, along with plain old business know-how, are also in demand. In addition to exports, Canada's cannabis companies are also teaming up with local partners to build facilities in Germany, Denmark and Israel.
Australia is seen as another prize for Canadian producers. When it announced last February that it would allow importation, Canadian producers Aurora, CannTrust, Canopy, MedReleaf and Tilray swooped in, not only with bags of weed and vials of oil, but with partnerships to build facilities there.
Peru and Mexico have also passed legislation to legalize medical cannabis, and Canadian companies are promising further announcements soon. Overall, they say, the world market could be worth around $200 billion.
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