Khiron Receives National Strategic Project Status From Colombian Government

This morning  Khiron Life Sciences Corp (TSXV: KHRN) announced they received the status of National Interest Strategic Project by the Government of Colombia. This certification enables Khiron to simplify authorization processes, reduce costs, and accelerate time to market for their services and products for the domestic market of Colombia and for export of finished products.

The National Interest Strategic Project certification was established to prioritize the development of specific projects/companies that are deemed by the Government to be able to significantly increase the national economy. This certification immediately simplifies and accelerates the administration and ability to process execution of strategic projects in Colombia. Under the plan, Khiron aims to register and introduce more than 4 SKU’s in the Medical Cannabis Category and at least 10 SKU’s in the Consumer Packaged Goods Category.

Source: Khiron Investor Presentation, September 2020

According to the official company press release, ‘Khiron is one of three companies to obtain this status, placing the Company at the forefront of the industry in Colombia.’

This morning it was also announced that PharmaCielo received the same status.

Khiron shares last traded at 49.5c on the TSXV at the time of publishing.


FULL DISCLOSURE: Khiron Life Sciences is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Khiron Life Sciences on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth

Verses Hits Commercialization Stage With Genius AI Platform

Related News

Thailand Decriminalizes Cannabis But Cautions Recreational Use

In a landmark move, Thailand Food and Drug Administration handed down a decision that removes...

Thursday, June 9, 2022, 03:11:00 PM

Congress Introduces SAFE Banking Act… Again

On Wednesday, a bipartisan group of senators reintroduced the Secure and Fair Enforcement (SAFE) Banking...

Thursday, April 27, 2023, 12:02:00 PM

NG Energy: Fueling Colombia’s Future With Natural Gas

NG Energy International Corp. (TSXV: GASX) is a Vancouver-based exploration company that is developing several...

Sunday, February 7, 2021, 01:26:00 PM

Khiron Life Sciences Announces German Cannabis Distribution Deal

Khiron Life Sciences (TSXV: KHRN) has signed a German distribution deal with that of Nimbus...

Thursday, June 25, 2020, 10:42:43 AM

PharmaCielo Receives Approval For US$3 Million Import Contract

PharmaCielo Ltd (TSXV: PCLO) has become one of the first venture listed equities to receive...

Friday, January 17, 2020, 09:02:20 AM