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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.

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