Terrace Global enters into genetics supply agreement with Apollo Green
Category: #health  | By Mateen Dalal  | Date: 2020-01-31 |
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

Terrace Global enters into genetics supply agreement with Apollo Green
  • Under the exclusive genetics supply agreement, the parties would possibly acquire and import high-THC genetics for Terrace’s medical cannabis operations in the state of Portugal.
  • The company is all set to build up its greenhouse facilities in Portugal.

Canada headquartered Terrace Global has reportedly entered into a genetics supply agreement with a licensed cannabis exporter, Apollo Green. Apparently, this partnership would benefit Terrace Global to acquire and import high-THC genetics for its medical cannabis operations in Portugal.

Post the agreement, Terrace Global has initiated the process of acquisition of required materials for the first phase development of its greenhouse facilities in Portugal. It has been reported that these facilities would comprise over nearly 65,000 square feet of greenhouse facilities, over 3,300 square feet administrative building, and 5,000 square feet of E.U GMP drying and processing facility.

In accordance with the agreement, Terrace Global would be seen taking over Chem Stallion, Apollo Skunk, and Twisted Grape genetics which would add to the company’s existing portfolio of high CBD genetics to be used in the outdoor cultivation in Uruguay. 

Speaking on the matter, the CEO of Terrace Global, Francisco Ortiz von Bismarck stated that the company is pleased to be working with the team of Apollo Green for the development of its genetics inventory. He further added that Apollo Green offers an extensive library of genetics which includes a diverse set of prominent strains and cross-breeds. Moreover, he believes that the quality genetics provide a pathway to success in the ever expanding E.U. medical cannabis industry.

On the other hand, Tyler LeBlanc, the CEO at Apollo Green reportedly cited the firm would be closely working with Terrace Global in observing the genetics performed by it bringing to use Apollo’s extensive cultivation expertise and skills. Moreover, the strategic partnership is beneficial for the firm as it seeks to enhance its genetics and plantlet business worldwide.

As per reliable reports, the genetics supply agreement is subjected to vivid conditions which includes the receiving of applicable import and export permits from the concerned government authorities in Portugal and Canada.

Source credit: https://us.acrofan.com/detail.php?number=229233

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal     twitter

Mateen Dalal

A qualified electronics and telecommunication engineer, Mateen Dalal embarked on his professional journey working as a quality and test engineer. Harnessing his passion for content creation however, Mateen pens down industry-rich articles for ReportsGO.com and a few o...

Read More..

More News By Mateen Dalal

Hyundai Motor Company & Advent sign JDA to develop fuel cell technology

Hyundai Motor Company & Advent sign JDA to develop fuel cell technology

By Mateen Dalal

Hyundai Motor Company and Advent Technologies have entered into a joint development agreement, following the assessment of Advent’s Proprietary Membrane Electrode Assembly (MEA) technology. The evaluation was focused on the ability of Advent&rs...

Intellect chooses IHH Healthcare to devise mental health programs

Intellect chooses IHH Healthcare to devise mental health programs

By Mateen Dalal

Intellect, a leading mental health platform located in Singapore, has reportedly announced a partnership with IHH Healthcare, which is Asia’s largest private healthcare group. The main objective of the partnership is to introduce and customize ...

Dyson compensates employees with onetime payment in absence of bonus

Dyson compensates employees with onetime payment in absence of bonus

By Mateen Dalal

Dyson, a British company renowned for its innovative vacuum cleaners, hair dryers and other products, is reportedly offering a majority of the staff at its Singapore headquarters a one-time payment, in recognition of their exceptional contribution. ...