ICILY-based Canapar – a vertically-integrated cannabis business – is set to begin producing its first CBD oils in the next few weeks.

This will be the culmination of over two years work for a business initially conceived with support from Canopy Growth founder Bruce Linton.

Canapar’s new extraction facility has the capability of processing two tonnes of biomass a day – making it one of Europe’s largest.

And, Canapar recently inked a strategic long-term partnership with Uruguay’s RAMM Pharma with the long-term goal of becoming global leaders in the pharmaceutical cannabinoid space.

Canopy Rivers Buy-Out

Sergio Martines, CEO, Canapar told BusinessCann its extraction facility will be begin operating in weeks. “Our commercial activity starts this month and will be targeted, at the cosmetics and food markets.

“Our goal since the beginning has been pharmaceutical industry and this can take a long time.

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