TORONTO, Canada/MEDELLIN, Colombia (June 19, 2018) – PharmaCielo Ltd. congratulates President-elect Iván Duque Márquez on a successful campaign in the Colombian election.
“President-elect Duque’s commitment to the growth and development of new industries such as medicinal cannabis will benefit the country as a whole,” said Anthony Wile, CEO of PharmaCielo Ltd.
Federico Cock-Correa, CEO of PharmaCielo Colombia Holdings S.A.S., added, “Under the leadership of President-elect Duque, we are confident that all parts of our country, including the poorest and most remote, will be given great opportunity to continue to both participate and benefit from this new industry.”
Recognizing and thanking the previous government for taking bold steps in launching the medicinal cannabis industry, PharmaCielo noted that as the new government begins to fulfill its mandate to the people of Colombia, the company stands ready to continue to work alongside to help build out the industry on both the domestic and global stages.
“Our nascent industry relies on the leadership of President-elect Duque to help maintain the momentum that has been established over recent years and has made Colombia of increasing interest to the international investment community,” said Mr. Wile. “We look forward to the future.”
PharmaCielo Ltd. is a global company privately held and headquartered in Canada, with a focus on processing and supplying all natural, medicinal-grade cannabis oil extracts and related products to large channel distributors. PharmaCielo’s principal (and wholly owned) subsidiary is PharmaCielo Colombia Holdings S.A.S., headquartered at its Nursery and Propagation Centre located in Rionegro, Colombia.
The boards of directors and executive teams of both PharmaCielo and PharmaCielo Colombia Holdings are comprised of a diversely talented group of international business executives and specialists with relevant and varied expertise. PharmaCielo recognized the significant role that Colombia’s ideal location will play in building a sustainable business in the medical cannabis industry, and the company, together with its directors and executives, has built a compelling business plan focused on supplying the international marketplace.
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