Vancouver-based Isodiol International Inc. has partnered with Kawacatoose First Nation to grow hemp and manufacture CBD, the company said this week.
Under the agreement, Kawacatoose will provide up to 3,000 acres of land, and the two parties will work together to set up a co-op with other tribes in Saskatchewan aimed to boosting tribes’ economic fortunes.
Isodiol makes pharmaceutical-grade phytochemical compounds and CBD consumer products.
“The company will have significant access to the highest quality CBD, as Kawacatoose will provide the labor necessary to maintain and improve the farmland,” said Marcos Agramont, Isodiol’s CEO. The company will consult with Kawacatoose and the planned co-op on cultivation methods and standards, Agramont said.
The Kawacatoose Reserve in southeast Saskatchewan comprises 8,248 hectares and has 1,000 inhabitants.
The company also says it is looking at expanding its phytoceutical portfolio into Latin America, Asia and Europe.