ICC Labs Obtains Extra Production Land in Uruguay

Cannabis Investing News

ICC Labs announced the government of Uruguay granted an “additional land package” for nearly 55,000 square foot for a production increase.

ICC Labs (TSXV:ICC) announced the government of Uruguay granted an “additional land package” for nearly 55,000 square foot for a production increase.

As quoted in the press release:

ICC Labs Inc. is pleased to announce that the Government of Uruguay through its regulatory authority IRCCA (Cannabis Regulation and Control Institute) has granted the Company an additional land package of approximately 55,000 square foot in order to increase its production capacity.

“A relevant milestone that demonstrates the confidence that the Government has placed in our Company to continue executing the terms of our recreational cannabis license granted for 5 years on January 14, 2016,” commented Alejandro Antalich, Chief Executive Officer of ICC Labs.

Click here to read the full press release.

Source: globenewswire.com

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