View Systems, Inc.’s (VSYM) Sannabis Announces Issuance of Fabrication, Production, and Export License by Colombia’s Ministry of Health for Cannabis THC and Hemp Derivatives to Supply a Market Growing at 23% annually.Posted by On

/EIN News/ — Company already selling hemp seed oil products approved by INVIMA, Colombia’s FDA.

Cali, Colombia, Nov. 24, 2020 (GLOBE NEWSWIRE) — View Systems, Inc.’s (VSYM), medical marijuana and hemp subsidiary, Sannabis S.A.S. (“the Company”) announces they received notice yesterday from Colombia’s Health Ministry of Resolution 1606 of 2020 issuing Sannabis S.A.S. a Cannabis Derivative Fabrication License. This is one of four Cannabis Licenses needed in Colombia, and the only one issued by the Ministry of Health. This license allows for export of THC and Hemp/CBD cannabis derivatives around the World. Click here to see a copy of the notice.

Sannabis will make further announcements on the issuance of the 3 Ministry of Justice Licenses.

  1. Seed Use License- Seed Bank registers and Certifies Seeds. Coveted since no more license applications accepted.
  2. Non-psychoactive (Hemp) License- allows cultivation of < 1% THC Cannabis (Hemp).
  3. Psychoactive (THC) License- allows cultivation of > 1% THC.

Although the Seed Use (Seed Bank) License is issued by the Ministry of Justice, it needs to be approved by the Colombia Agriculture Institute (ICA). Sannabis has an ICA site visit this week for approval of their Seed Bank by the Justice Ministry.

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