AUSTRALIAN-LISTED medicinal cannabis company Creso Pharma has announced its acquisition of Kunna Canada and its wholly-owned Colombian subsidiary, Kunna S.A.S.
The announcement places Creso as the only Australian-listed medicinal cannabis company with direct exposure to the Colombian market, which is expected to be exporting more than 40.5 tonnes of medicinal cannabis oil by 2019.
The Latin American market, which includes Argentina, Colombia, Chile, Mexico and Uruguay, is growing strongly, with the Colombian Government enacting the legalisation of medical cannabis in Jun last year.
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