Tikun Olam Teams With iaso To Serve Puerto Rico

PUERTO RICO: Tikun Olam will soon have a presence in Puerto Rico, according to a company press release. Through an exclusive licensing agreement with iaso Corporation,  a leading San Juan-based science and technology company, Tikun products and strains, including the widely researched high-CBD Avidekel, will be distributed s throughout the Commonwealth in 2019.  The arrangement with iaso is the tenth struck in the United States by Tikun Olam’s US joint venture, TO Global.
iaso is Puerto Rico’s only all-indoor cultivation facility, employing soil-less, aeroponic technology.

Tikun products to be distributed throughout PR in 2019.

Tikun products to be distributed throughout PR in 2019.

“iaso is an ideal partner for Tikun’s values and mission,” says Tikun USA CEO Bernard Sucher. “César Cordero-Krüger has accomplished so much for his community, in business and philanthropy.  We are privileged to work with his team of professionals dedicated to advancing the science of cannabis.”

“Tikun’s proprietary cultivars are shown to treat patients in a safe, effective, and consistent manner,” says iaso founder and CEO César Cordero-Krüger. “This partnership advances iaso’s mission to become a trusted provider of cannabis products to Puerto Rican patients.”

Future Farm Signs Dispensary Lease for High Traffic Puerto Rico Location

CANADA: Future Farm Technologies Inc., which has built a portfolio of projects across the United States and the Commonwealth of Puerto Rico, announced that its Puerto Rico subsidiary has signed the first of five planned leases for its Clinica Verde branded Puerto Ricodispensaries. The Company expects to sign two more leases in the next thirty days with the additional two leases to follow soon after.

The Future Farm Clinica Verde branded dispensary is located in the Condado neighborhood of San Juan, one of the island’s most highly trafficked areas.

“Now that we have identified a prime dispensary location and signed a lease we are excited to work on the build out,” comments William Gildea, Chairman and CEO of Future Farm. “We look forward to providing clean cannabis to the island’s patients and generating sales.”

Future Farm continues to execute on its strategy of building a portfolio of valuable, revenue-generating assets in the fastest growing cannabis and hemp markets in North America. Mr. Gildea continues, “I look forward to building out and adding to our existing portfolio, which has grown quickly over the past year with assets in Rhode IslandMaineCalifornia and Florida.”

Puerto Rico Moves To Legalize Marijuana For Medical Uses

PUERTO RICO:  The governor of Puerto Rico has signed an executive order to allow marijuana to be permitted for medical uses. Alejandro Garcia Padilla endorsed the move, which will come into immediate effect, following a lengthy public debate on the US territory.

Governor Padilla mentioned that Puerto Rico’s health secretary will have three months to file a report about how the executive order will be implemented. The order will also mean that some or all controlled substances that derive from the cannabis plant will be permitted for medical use.

“We’re taking a significant step in the area of health that is fundamental to our development and quality of life,” Garcia said in a statement, cited by AP. “I am sure that many patients will receive appropriate treatment that will offer them new hope.”