Allied company. (OTCQB: ALID) claims to be the first cannabis operator to successfully send a commercial shipment of Colombian-grown dried flowers to other international markets.
On Wednesday, the Kelowna-based company said that after many levels of regulatory inspections, analysis, discussions and questions, the first export approval by the Colombian government came this month.
The first monthly shipment will go to the United States and is for 500 kilograms, with the first 200 being shipped on June 28. The cultivar shipped contains 18% CBD with THC levels below 0.3% THC.
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In addition to the shipment, Allied submitted other export requests to the Controlled Substances office in Colombia for export approvals for numerous additional shipments:
- 1000 kilograms to Australia, of which a first order of 200 kg is being processed for Australia via Switzerland.
- Order of 7100 kilograms for a Swiss company based in Zurich.
- Recurring monthly order of 1000 kilograms for a US multi-state carrier.
- Recurring monthly order of 50 kilograms for Australia.
Allied currently has 5,800 THC plants awaiting harvest and another 15,000 THC plant clones created for multiple batches to fulfill its 2022 export quota. THC flower harvest will begin on or around August 15 and will be available for sale in September 2022.
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“We did it! We are the first company to ship a commercial shipment of dried cannabis to an international market,” Allied CEO Callum Hughes said in a statement.
Hughes said the achievement is a testament to the quality of his team and, more importantly, the company’s product.
“Two years of genotyping and phenotyping have led us to our current genetics which prove to be superior in terms of cannabinoid profiles, as well as parasite and mold resistance,” he explained.
He added that although it has not been an easy challenge, the company will continue to fulfill the additional purchase contracts signed and develop its international relationships with companies around the world.
In April this year, the Colombian government enacted new legislation allowing exports of dried cannabis, prompting many multinational companies to apply for export permits.
Besides Allied, other companies taking steps to export dried flowers include Florida Headquarters Clever Leaves Holding Inc.. (NASDAQ: CLVR) (NASDAQ: CLVRW) also has its main operations in Colombia and said it plans to export ground cannabis flowers by the third quarter of 2022 and high-THC flowers before the end of the year.
Cannabis operator headquartered in Toronto PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF) has also signed a sales agreement through its subsidiary PharmaCielo Colombia Holdings SAS with an independent Germany-based pharmaceutical wholesaler, Greenstein Germany GmbH.