In Ecuador, a young company sees cannabis as raw material of the futurePosted by On

By Fernando Arroyo Leon

Quito, Jul 24 (EFE).- In Ecuador a year ago, company CannAndes began the challenge of generating an industry dedicated to making medicinal and therapeutic products based on cannabis, a plant stigmatized in the country for decades but that could become the raw material of the future.

The company settled in the vicinity of the city of Tabacundo, about 80 kilometers north of Quito, on an Andean plateau dominated by the snow-capped Cayambe volcano.

Company president Klaus Graetze told Efe that he has no doubt that CBD (cannbidiol), a non-psychoactive component of cannabis, offers a huge range of health benefits.

His company was formally established last year, after Ecuador in 2019 decriminalized the production of cannabis with less than 1 percent THC (psychoactive) content for medicinal and therapeutic purposes.

Graezte and his partners had been watching the United States market, where cannabis use, even for recreational purposes, had grown exponentially.

On a rose farm and among giant greenhouses, Graetze had one hectare of land to start growing cannabis plants.

Tabacundo is one of the best places in the world to do this, according to Graetze, who pointed to the light in the area, where the sun falls perpendicularly at noon, and the water coming down from the Mojanda and Fuya Fuya hills.

The perennial spring climate allows for better photosynthesis and flower growth, he said.

Next to the plantation, CannAndes has drying, storage and cold…

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By Fernando Arroyo Leon

Quito, Jul 24 (EFE).- In Ecuador a year ago, company CannAndes began the challenge of generating an industry dedicated to making medicinal and therapeutic products based on cannabis, a plant stigmatized in the country for decades but that could become the raw material of the future.

The company settled in the vicinity of the city of Tabacundo, about 80 kilometers north of Quito, on an Andean plateau dominated by the snow-capped Cayambe volcano.

Company president Klaus Graetze told Efe that he has no doubt that CBD (cannbidiol), a non-psychoactive component of cannabis, offers a huge range of health benefits.

His company was formally established last year, after Ecuador in 2019 decriminalized the production of cannabis with less than 1 percent THC (psychoactive) content for medicinal and therapeutic purposes.

Graezte and his partners had been watching the United States market, where cannabis use, even for recreational purposes, had grown exponentially.

On a rose farm and among giant greenhouses, Graetze had one hectare of land to start growing cannabis plants.

Tabacundo is one of the best places in the world to do this, according to Graetze, who pointed to the light in the area, where the sun falls perpendicularly at noon, and the water coming down from the Mojanda and Fuya Fuya hills.

The perennial spring climate allows for better photosynthesis and flower growth, he said.

Next to the plantation, CannAndes has drying, storage and cold…



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