One World Pharma has entered into an agreement for the sale of 30,000 cuttings from its farms in Colombia. Additionally, the Companies have entered into a Letter of Intent (LOI) for BIOTROPICAL to purchase up to 600,000 cuttings from One World Pharma.
A plant cutting is a part of a plant that is used in horticulture for vegetative (asexual) propagation, in this instance cannabis production. Under the terms of the LOI, One World Pharma would purchase the entire harvest from BIOTROPICAL.
BIOTROPICAL is a subsidiary of BIOPROTECCION which has been devoted to the research and development in the management of pests and new varieties of cannabis. After the initial 30,000 cuttings, BIOTROPICAL plans to expand its operation up to 600,000 cuttings by the second quarter of 2021. The Company has more than 100 hectares of land available for cannabis production.
“We are pleased to partner with BIOTROPICAL to provide them with world-class cannabis cuttings from our genetic portfolio and to purchase this elite harvest,” stated Isiah Thomas, CEO, One World Pharma Inc. “We look forward to assisting with BIOTROPICAL’s production and to assisting them to achieve their goal of purchasing 600,000 cuttings.”
“With our production in full-swing, we look forward to more partnerships and sales similar to these,” added Thomas.
For more information:
One World Pharma
3741 W. Oquendo Ste. 301 - Las Vegas, NV 89118
+1.800.605.3210
oneworldpharma.com