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Blunt Business

Huge Canadian Cannabis Conglomerate

February 22, 201941 min

Huge Canadian Cannabis Conglomerate

Blunt Business

0:00--:--
Huge Canadian cannabis conglomerate. This week, we are talking with the CEO of what is being called a huge Canadian cannabis conglomerate. Diversified in its holdings, Biome is steered by leaders in the cannabis space - in finance, growing technologies, regulatory affairs, business building, and marketing. Khurram Malik, CEO of Biome brings us through myriad of topics. Were joined by Khurram Malik, CEO of Biome. Malik's company, Biome, is going to be pairing with CBD Acres for a deal of 80,000kg of hemp CBD over the next 5 years with plans to bring it to markets in other places like Africa and Asia, which haven't fully implemented medical programs utilizing THC. Europe and the LATAM region are attractive regions for many companies to establish operations. Europe's overall cannabis market is projected to reach USD 66.8 Billion within the next five years, while the LATAM region is expected to reach USD 12.7 Billion in sales by 2028, according to Prohibition Partners. The research notes that several European countries have passed medical marijuana legislation recently, and there is a 50% chance a few more could pass recreational laws.

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