WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Website Related Website Development Thursday, August 22, 2019 
Add Press Release News | News Feeds Feeds | Email This News Email

Colombian Producer FoliuMed Launches CBD Sales in Europe
Thursday, July 18, 2019

News provided by Spring Capital

LONDON, July 18, 2019 /PRNewswire/ -- Colombian medical cannabis producer FoliuMed has successfully launched its line of products at CBD Europe, a leading European trade show. FoliuMed´s offering includes bulk cannabis extracts as well as branded consumer products like tinctures, capsules, topicals, edibles and vape pens.

"Through our R&D partnership with a GMP-certified lab in the USA, we are the first South American producer to offer a broad range of efficacious, safe and affordable cannabis products in Europe," says FoliuMed´s Colombian CEO & Co-founder Diego Felipe Navarro. "The interest from wholesalers at the Expo has been tremendous, and we are excited to offer our products also to online shoppers through our new e-commerce platform in the fall."

FoliuMed´s European market entry reflects its strategy to focus on well-regulated, sizeable and fast growing markets. "With the USA becoming competitive and South America still too small, Europe for now is our main battleground," declares FoliuMed founder Oliver Zugel. "We believe that CBD will quickly become much more regulated, and the winners in the new landscape will be companies who can combine pharma, consumer goods and multi-channel distribution skills," said Zugel during his keynote address at CBD Europe.

With consumer concerns about product efficacy, safety and prices on the rise, FoliuMed wants to become a disruptive force in the newly emerging industry. "We see a great opportunity in converting our cost advantage in Colombia into better value for our customers, with credible quality assurances as we control every process step from seed to sale," says Diego Felipe Navarro.

About FoliuMed
FoliuMed is a vertically integrated cannabis producer with cultivation, production and distribution assets in the Americas and Europe. Its facility in Colombia consists of a 40-acre cultivation and extraction site in close proximity to Bogota, with an annual production capacity of 77 tons of dried cannabis and hemp flowers and 12 tons of pharma-grade oils. FoliuMed has strategic alliances with Taproot and Sunset Holdings, the US producers of award-winning Roots and Tao vape pens.



View original content to download multimedia:

SOURCE Spring Capital

Email This News Email | Submit To Slashdot Slashdot | Submit To Digg | Submit To | News Feeds Feeds

Nav SmartTouch® Interactive Wins Five Star Awards at the Texas Association of Builders 26th Anniversary Ceremony | Aug 21, 2019
Nav WORBLI Partners With WordProof, Bringing Blockchain Transparency To The World Of Online Content | Aug 21, 2019
Nav Origin Agritech Regains Full Compliance with NASDAQ Listing Rules | Aug 21, 2019
Nav Capacity Unveils AI Knowledge Sharing Platform to Boost Workplace Productivity | Aug 21, 2019
Nav Introducing Pietra, the Fine Jewelry Marketplace that Connects Jewelry Designers and Customers | Aug 21, 2019
Nav Oxnard School District Selects RaaWee K12 Truancy & Dropout Prevention System to Expand Positive Culture against Chronic Absenteeism | Aug 21, 2019
Nav First Fidelity Reserve Showcases Their New User Friendly Website | Aug 21, 2019
Nav InEight Chief Design Officer Delivering AI Insights at Constructech Technology Days 2019 | Aug 21, 2019
Nav Quantum Extends Global Channel Momentum with New Program Enhancements | Aug 21, 2019
Nav G SHOCK Unveils New Women's Focused 24 Hours Of Toughness Campaign | Aug 21, 2019

Submit News | View More News View More News