SERICEA and CBDC also plan to acquire, import and cultivate industrial hemp biomass for extraction into CBD isolate to be used for multiple product lines utilizing CBD.
CannAmerica Brands Corp., Canada, announced plans to create a joint venture with Sericea Labs S.A. de C.V., Mexico, and CBDistribution Co. Ltd. (CBDC) to build a facility in Mexico for importing and warehousing licensed CBD products as well as CBD oils and tinctures destined for refining.
SERICEA and CBDC also plan to acquire, import and cultivate industrial hemp biomass for extraction into CBD isolate to be used for multiple product lines utilizing CBD.