Thursday, November 23, 2017

Puerto Rico Medical Cannabis Company to Expand Hemp Farming for Export

By on September 8, 2016

AMSTERDAM, NETHERLANDS - FEBRUARY 07:  A cannabis plant grows in the Amsterdam Cannabis College, a non profit charitable organisation that gives information on cannabis and hemp use on February 7, 2007 in Amsterdam, Netherlands. The city council in Amsterdam has recently voted in favour of introducing a citywide ban on smoking marijuana in public areas. A successful trial ban in the De Baarsjes district of Amsterdam has been declared a success after a reduction in anti social behaviour.  (Photo by Christopher Furlong/Getty Images)

A cannabis plant grows in the Amsterdam Cannabis College, a non profit charitable organization that gives information on cannabis and hemp use on February 7, 2007 in Amsterdam, Netherlands. (Photo by Christopher Furlong/Getty Images)

SAN JUAN – StereoVision Entertainment Inc., a publicly traded Nevada corporation, announced Thursday that its jointly owned Puerto Rico medical cannabis subsidiary, GreenVision Systems, is expanding its medical cannabis cultivation and manufacturing plan to include the multiple-acre farming of Hemp.

“The Hemp market is expanding exponentially,” the company said in a release. “With Hemp production having been authorized by Congress in 2014 we’ve received interest from Hemp distributors to purchase for international export all the Hemp and Hemp products GreenVision can produce in Puerto Rico. Agricultural researchers are intrigued by Hemp’s commercial potential. Beyond health foods, hemp can be used in the production of fiber or pressed into oils to be used therapeutically.

“Plus, Hemp is drought hardy. It grows probably 4 to 5 feet taller than corn and is watered half as much. With certified Hemp seeds that consistently produce plants low enough in the chemical THC to qualify as Hemp becoming readily available in 2017, GreenVision is implementing a plan to syndicate our Hemp crops with Puerto Rico’s local farmers to produce substantial tonnage allowing GreenVision to quickly begin to generate revenues while we bring our medical cannabis cultivation and medical cannabis manufacturing facility online.”

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