Canadian Company Ikanik Farms Expands Cannabis Production in Latin America, an Industrial Info Market Brief

Ikanik Farms, under its subsidiary Ikanik International, will expand its cannabis cultivation plant in Tocancipá, Colombia with a $12 million investment, in addition to a $10 million grassroot plant in Kanasin, Mexico, which is through its recently-acquired Mexican company -- Delta 9. Industrial Info is currently tracking six cannabis-related projects within Latin America's Pharma-Bio sector worth $225 million.