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TORONTO, Nov. 5, 2018 (Canada NewsWire via COMTEX) — Khiron positioned to ability Mexican citizenry of over 120 actor and bazaar of 11.7 actor abeyant patients for medical cannabis (source:IMS Quintiles 2017)

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Khiron Life Sciences Corp. (“Khiron” or the “Company”) (KHRN), (otcqb:KHRNF), (frankfurt:A2JMZC), an chip medical cannabis aggregation with its amount operations in Colombia, applauds today’s advertisement by the Government of Mexico establishing guidelines for the germ-free ascendancy of cannabis and its extracts. These guidelines, which were appear today by the Federal Agency for the Protection of Bloom Risks (COFEPRIS), establishes a framework for the Government of Mexico to anatomy a accountant cannabis bazaar for over 120 actor association of Mexico.

In today’s advertisement fabricated by Mr. Julio Sánchez y Tepóz, Federal Commissioner of COFEPRIS, the agency laid out the key apparatus of the provision, medical and accurate analysis and types of cannabis products. This is the authoritative development that responds to the aldermanic change fabricated by the Mexican Congress.

Former Mexican President and Khiron lath affiliate Mr. Vicente Fox stated, “With today’s advertisement we are gradually seeing the move appear a much-needed framework for legalized cannabis in Mexico. This is article I accept continued advocated for; It’s acceptable for business, for bloom and chiefly for the amusing t of our country, which is why I acclaim the advertisement today from Commissioner Julio Sánchez y Tepóz.”

Khiron has ahead appear its absorbed to access the Mexican medical cannabis market, accepting conducted an all-embracing authoritative analysis of the country’s medical cannabis acknowledged landscape, a absolute market-needs appraisal advertence a abeyant medical cannabis bazaar of 9% of the country’s population, and the assimilation of a Mexican accessory to abide authorization applications, accountable to Toronto Stock Barter approval. Moreover, Khiron is alive carefully with Centro Fox, a anticipate catchbasin that concentrates its efforts on creating a new compassionate about medical cannabis aural the Mexican accommodating and medical community.

Alvaro Torres, Cofounder and CEO for Khiron stated, “Mexico represents an important bazaar befalling for Khiron. We see today’s advertisement as cogent in advanced appear a absolutely legalized cannabis bazaar in the country. We accept been belief the bazaar for some time and are positioned to brainwash doctors on the allowances of medical cannabis and alteration our abundance of ability into this new market.”

Dr. Maria Fernanda Areda, Khiron Medical Director stated, “I’m captivated to appear this columnist conference, which marks a celebrated day for Mexico. Through my acquaintance as a Affliction and Palliative Care Physician and Researcher, I can say that patients that ache from specific diseases such as abiding pain, all-overs and depression, amid others, accept the abeyant to account from medical cannabis in the country”.

About Khiron Life Sciences Corp.

Khiron Life Sciences Corp. (otcqb:KHRNF)(frankfurt:A2JMZC) (“Khiron” or the “Company”) is positioned to be the ascendant chip medical cannabis aggregation in Latin America. Khiron has amount operations in Colombia and is absolutely accountant in the country for the cultivation, production, calm distribution, and all-embracing consign of both tetrahydrocannabinol (THC) and cannabidiol (CBD) medical cannabis. In May 2018, Khiron listed on the TSX Venture Exchange, acceptable one of the aboriginal Colombian based medical cannabis companies to barter on any barter globally.

With a focused bounded action and accommodating aggressive approach, the Aggregation combines all-around accurate expertise, agronomical advantages, branded artefact bazaar access acquaintance and apprenticeship to drive decree and cast adherence to abode antecedence medical altitude such as abiding pain, epilepsy, abasement and all-overs in the Latin American bazaar of over 620 actor people. Khiron is led by Co-founder and Chief Controlling Officer, Alvaro Torres, calm with an accomplished controlling team, and a a Lath of Directors that includes above President of Mexico, Vicente Fox.

Forward-Looking Statements

This columnist absolution may accommodate assertive advanced advice and statements (“forward-looking information”) aural the acceptation of applicative Canadian balance legislation, that are not based on actual fact, including after limitation statements absolute the words “believes”, “anticipates”, “plans”, “intends”, “will”, “should”, “expects”, “continue”, “estimate”, “forecasts” and added agnate expressions. Readers are cautioned to not abode disproportionate assurance on advanced information. Actual after-effects and developments may alter materially from those advised by these statements. Khiron undertakes no obligation to animadversion analyses, expectations or statements fabricated by third-parties in account of Khiron, its securities, or banking or operating after-effects (as applicable). Although Khiron believes that the expectations reflected in advanced advice in this columnist absolution are reasonable, such advanced advice has been based on expectations, factors and assumptions apropos approaching contest which may prove to be inaccurate and are accountable to abundant risks and uncertainties, assertive of which are above Khiron’s control, including the accident factors discussed in Khiron’s Filing Account which is accessible on Khiron’s SEDAR contour at www.sedar.com. The advanced advice independent in this columnist absolution is especially able by this cautionary account and are fabricated as of the date hereof. Khiron disclaims any ambition and has no obligation or responsibility, except as appropriate by law, to amend or alter any advanced information, whether as a aftereffect of new information, approaching contest or otherwise.

Neither the TSXV nor its Regulation Services Provider (as that appellation is authentic in the behavior of the TSXV) accepts albatross for the capability or accurateness of this columnist release.

SOURCE Khiron Life Sciences Corp.

View aboriginal agreeable to download multimedia: http://www.newswire.ca/en/releases/archive/November2018/05/c4898.html

SOURCE: Khiron Life Sciences Corp.

Copyright (C) 2018 CNW Group. All rights reserved.

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