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Canadian Company To Invest In The Export Of Medicinal Marijuana

5 years agoMon, 10 Dec 2018 10:14:17 GMT
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Canadian Company To Invest In The Export Of Medicinal Marijuana

Founder of African Cannabis, Carl James Esprey, is set to venture into export medicinal marijuana from Zimbabwe through his newly-formed company.

The Italian businessman is considered a controversial character after his Kenya Atlas African Industries company disappeared with a reported Sh450 million (Kenyan) of investors’ money.

African Cannabis is mulling plans to go public by merging with Trius Investments Inc, a company listed on the Canadian Securities Exchange (CSE) and whose business comprises property investment and garbage collection. In its market disclosures, the company said

African Cannabis is a Toronto-based company incorporated in British Columbia in 2018 to deal in the production, cultivation, extraction and export of medical cannabis in multiple African countries.

… African Cannabis was founded and is led by Carl Esprey and Kojo Annan, both experienced African businesspeople with over 40 years’ combined experience on the continent.

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The Company claims that it holds a medical cannabis licence in Lesotho and has entered into a joint venture with a local State-owned company in order to obtain a licence for the exportation of medicinal marijuana.

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