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CannAmerica to build hemp extraction facility in Mexico, expand internationally

CannAmerica Brands Corp (CSE:CANA) (OTCQB: CNNXF) CEO Dan Anglin tells Proactive Investors the Colorado-based company will create a joint venture with Sericea Labs S.A. de C.V.  and CBDistribution Company Ltd. to build a hemp extraction facility in Mexico to produce CBD oil and other CBD products.

Anglin says in addition to Mexico, the company plans to infiltrate the European market. The veteran cannabis executive says part of the company's strategic plans is to establish its footprint in individual regions in the world as a placeholder, in case policies change globally, they won't lose out in those markets like the UK, Latin American, and North America.

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