Khiron Life Sciences Corp (CVE:KHRN) CEO on LOI with Copservir Ltda, Colombia’s Largest Pharmacy Chain
Khiron Life Sciences Corp (CVE:KHRN) (OTCMKTS:KHRNF) (FRA:4KH) CEO Alvaro Torres is thrilled with the company’s Colombian distribution footprint. Torres sees Khiron’s recent letter of intent with Copservir Ltda, the largest pharmacy chain in the country, as key to ensuring the its products reach medical cannabis patients. He explains that many of Copservir’s 900 pharmacies in Colombia are already licensed to sell THC products. As a result, Khiron’s distribution reach allows it to mass market of medical cannabis in Colombia and the company is looking to replicate that plan in other jurisdictions. Torres discusses Khiron’s recent quarterly financial reporting and emphasizes the importance of showing investors that the company is building the right platforms as it moves towards profitability. While Khiron is aiming to hit its targets in 2020, Torres anticipates generating revenue in every country where Khiron operates in 2019. Torres explains why the recent JV with Dixie Brands Inc (CNSX:DIXI.U) (OTCMKTS:DXBRF) (FRA:0QV) is so critical for the company, as it allows Khiron to get a variety of branded products to market faster.
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