A Toronto marijuana producer is making plans to grow hemp in China to make CBD and other hemp products.
Pure Global Cannabis announced Tuesday it signed an agreement to grow roughly 17,000 acres of hemp in the Yunnan province.
Terms of the agreement were not released.
Pure Global Cannabis says the CBD products will be exported from China to other Asian markets and countries where CBD products are legal. The companies did not say when the hemp would be planted or how long before it expects the Chinese CBD to get to market.