Elixxer Ltd (OTC:ELIXF) recently announced Global Canna Labs, Elixxer's 30% owned Jamaican cannabis producer, has exported 10 kilograms of cannabis from Jamaica into Canada.
This cargo represents the largest of its kind known to date and represents an important advancement for the Caribbean cannabis industry.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
See Also: The Keys To Understanding Psilocybin's Medical Value, Market Potential
CLA stands for the Caribbean Licensing Authority and has been developing a viable export platform to support local production expanding cannabis exports.
"This is obviously a very important first step for Jamaica exporting medical cannabis," Elixxer President, John A. D. McMullen told Benzinga. "Good for Jamaica who wants to grow their medical cannabis business and jobs in the agricultural sector and great for Global Canna Labs who ELXR have been very supportive of. Jamaica medical cannabis has for many decades had a fantastic global reputation. This first export of Jamaican Medical Cannabis is a major milestone for the Govt of Jamaica, GCL and indeed ELXR."
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.