Cannabinoid products maker Can B (OTCQB:CANB)formed a joint venture with PrimeX for its CBD products in Brazil.
PrimeX, which services 120K retailers in Brazil, has a contract with Biocase Brasil to produce CBD products for the Brazilian market.
The company said Biocase Brasil is focused on local distribution and has a strong network of doctors in Brazil and provides education, research, products development, and tests for the Brazilian market.
"We are very excited to roll out Can B's CBD products in Brazil. After careful consideration, Biocase Brasil chose Can B for its high standards of manufacturing and processing and quality products," said PrimeX's CEO Mario Lacourt.