The 357 Company (357) is launching the 357 Canna Logistics division as an expansion beyond its 357 Hemp Logistics division, which specializes in shipping federally legal hemp within the US 357 Canna Logistics will initially focus on logistics management and shipping of cannabis and hemp between countries that have legalized it. Outside the US, countries use the term “cannabis” for non-industrial hemp and cannabis, regardless of THC content, so 357 will refer to all international shipments as “cannabis.”
The cannabis export/import industry is in its infancy, primarily consisting of shipments of non-industrial products, such as CBD isolates and oils with THC <0.3%, due to the regulatory environment.
“The 357 Company is expanding into international shipping of cannabis, hemp and industrial hemp to set the bar high in a nascent industry that is poised for dramatic growth,” stated Kevin Schultz, Co-founder, and President of the 357 Company. “Shipping cannabis internationally is extremely complex. A pioneer in international cannabis shipping, 357 Canna Logistics is one of the few companies that has combined experience in cannabis and international logistics.”
“We’re launching 357 Canna Logistics with our launch partner, Flora Growth (NASDAQ: FLGC), and several other cannabis companies, who are currently shipping throughout the EU, UK, US, and South America, with more countries to be added by year-end,” Schultz announced.
“Flora Growth is a highly respected global company that develops and produces a diverse collection of wholesale cannabis goods and pharmaceutical-grade consumer brands and products for improved health and wellness. We are proud to fulfill their international logistics management needs, providing superior customer service with a single point of contact, and delivering cannabis safely and securely on time and within budget across multiple countries.”
Jason Warnock, Chief Commercial Officer of Flora Growth, stated, “357’s extensive experience in international freight forwarding, logistics management, and operations at major cannabis multi-state operators, coupled with expertise in transport security and pharmaceutical and food delivery, provides the comprehensive knowledge and skill set for managing the complexities of international logistics in the highly regulated cannabis industry. We’re looking forward to growing together in this exciting new market space.”
For more information:
The 357 Company