Exclusive: Historic Importation Of THC Into The US Could Reshape Global Cannabis Supply Chain
Portfolio Pulse from Javier Hasse
MMJ BioPharma Labs and Global Cannabis Holdings are partnering to import THC into the US, potentially reshaping the global medical cannabis supply chain. This collaboration aims to provide a consistent indoor, reproducible supply of THC, challenging the University of Mississippi's monopoly on THC active pharmaceutical ingredients for research. Bright Green Corporation (NASDAQ:BGXX) recently registered its federal license with the DEA for cannabis cultivation, manufacture, and sale for research and pharmaceutical applications.
May 30, 2023 | 5:14 pm
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Bright Green Corporation (NASDAQ:BGXX) recently registered its federal license with the DEA for cannabis cultivation, manufacture, and sale for research and pharmaceutical applications. This development positions the company to compete with the University of Mississippi and the MMJ-GCH partnership in the THC supply market.
The registration of Bright Green Corporation's federal license with the DEA allows the company to legally cultivate, manufacture, and sell cannabis and related products for research and pharmaceutical applications. This development positions the company to compete with the University of Mississippi and the MMJ-GCH partnership in the THC supply market, potentially leading to increased revenue and growth for Bright Green Corporation.
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