JAZZ - Avicanna Exports Cannabinoids To Singapore Legally — Even Though Cannabis Is Punishable By Death In The Country | Benzinga
Cannabinoid-focused biopharmaceutical company Avicanna Inc. (TSX:AVCN) (OTCQX:AVCNF) (FSE: 0NN) announced on Thursday that it has completed the commercial export of Aureus-branded purified cannabigerol (CBG) products into Singapore through its majority-owned subsidiary Santa Marta Golden Hemp.
The company said that, with this transaction – its first export into Asia, Aureus-branded products have now reached 18 international markets. Avicanna products are now available in 21 markets.
Cannabis Is Still Stigmatized And Illegal
Meanwhile, in Singapore, cannabis remains stigmatized. The Central Narcotics Bureau of Singapore is of the stance that cannabis should be considered an illicit drug.
"Cannabis is addictive and harmful, and there is no scientific evidence of the safety and efficacy of raw cannabis use," says the Central Narcotics Bureau of Singapore. "Decriminalisation and legalization of cannabis is not the way to go, especially when our drug situation is well under control."
In March of 2023, changes to the Misuse of Drugs Act and the Constitution were given the green light in the ...