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Pure Jamaican Acquires the Production and Cultivation Assets of Timeless Herbal Care.

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M2 EQUITYBITES-December 28, 2021-Pure Jamaican Acquires the Production and Cultivation Assets of Timeless Herbal Care

(C)2021 M2 COMMUNICATIONS http://www.m2.com

Jamaica-based cannabinoid pharmaceutical, nutraceutical and CPG company The Pure Jamaican Group of Companies has acquired the production and cultivation assets of Jamaica-based medical cannabis producer Timeless Herbal Care, the company said.

Timeless was the first company in Jamaica to achieve GMP certification for medical cannabis extraction and production, and the first company to legally export medical cannabis from Jamaica to Canada.

The acquisition includes all of Timeless' production and cultivation assets, a license to the Timeless brand in Jamaica, and ownership of the Timeless brand in Brazil, Mexico and Switzerland.

The acquisition is supported by the government of Jamaica through the Ministry of Industry, Investment and Commerce. Hon.

The Pure Jamaican Group of Companies is actively scaling operations to produce pharmaceutical-grade cannabinoid and psilocybin molecules, create new delivery systems for these molecules, and pioneer innovative ways to utilize botanicals to invent new medicines and branded consumer packaged goods for export to legal jurisdictions globally.

The company has a team spanning the US, Canada...

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