The Taliban regime in Afghanistan announced that it had reached an agreement with a German company to grow and manufacture cannabis products in the country.
A company called Cpharm would make an investment of more than $400 million to create a factory to produce marijuana. Talks started with Afghanistan in 2017 when their parliament passed a medical cannabis law.
In November 2020, the infrastructure to build the laboratory finally began, delayed due to the previous government that was put in place by the U.S. was apparently “very corrupt.”
CPharm will engage in contract farming, building an extraction center to process cannabis grown on plots of land by local landowners. Local growers will receive German seeds to meet their industry standards.
Show Notes:
Afghanistan: German Company Confirms Cannabis Agreement With Taliban Regime
https://www.benzinga.com/markets/cannabis/21/12/24726081/afghanistan-german-company-confirms-cannabis-yes-marijuana-agreement-with-taliban-regime
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 864 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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