|
 The Montevideo-headquartered company plans to ship the oil to Canada
and Mexico, but is also open to selling it on the domestic market,
Alejandro Antalich added.
"The goal is to export it. But if the Public Health Minister thinks
it can be commercialized in the local market the idea would be to do
that," Antalich told Reuters by phone.
Exporting cannabis oil would mark a new first for Uruguay, a small
South American nation that in 2013 became the first country in the
world to legalize marijuana from its cultivation to distribution.
Under Uruguayan law, medical marijuana can be exported but
recreational marijuana can only be sold domestically.
Next month, ICC will start construction of a marijuana laboratory in
a new industrial park on the outskirts of Montevideo, Antalich said.
The new lab should be finished in April and the company will use a
transitory lab to produce cannabis oil from its first harvest next
month, Antalich added.
[to top of second column] |
ICC grows medical marijuana on some 233 hectares (576 acres) in
Uruguay and plans to invest $10 million in production through 2018.
The company also sells recreational marijuana in Uruguay.
(Reporting By Eloisa Capurro, Writing By Mitra Taj; Editing by
Michael Perry)
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