CALI, Colombia, April 15, 2024 (GLOBE NEWSWIRE) -- Sannabis, Inc. f/k/a Ultimate Sports, Inc. (OTC:USPS) (the ‘Company'), a Men's Health services provider in the U.S., acquiring Sannabis S.A.S., a fully licensed prominent cannabis company in Colombia, announces the posting of current disclosures on the OTC Markets Group and the commencement of its expansive cannabis cultivation operations in Colombia. Sannabis entered into a contract with licensed growers, like themselves, and has begun the cultivation process to plant seedlings to produce high-quality CBD flower.
Sannabis aims to meet the rising demand for premium cannabis products in the North and South American, European, and Asian markets. They are positioned to be a major player to satisfy the exploding demand for premium cannabis products in the U.S., Europe, and global markets, by ensuring a steady and sustainable production cycle.
According to Fortune business Insights, the global cannabis market size is projected to grow from $57.18 billion in 2023 to $444.34 billion by 2030, at a CAGR of 34.03% during the forecast period, click USPS) Posts Annual Disclosures on OTC Markets Group to Become Pink Current and Launches Large-Scale Cannabis Grow Operations in Colombia, Ahead of Introduction of a Marijuana Legalization Bill in the U.S. Senate>Full story available on Benzinga.com