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Home 🌿 Marijuana Business News 🌿 Noted Danish entrepreneur’s high hopes over medical cannabis investment 🌿Noted Danish entrepreneur’s high hopes over medical cannabis investment
Klaus Riskær Pedersen eyes potential in Uruguay to produce the plant for the pharmaceutical industry
Danish businessman and entrepreneur Klaus Riskær Pedersen is involved in a new business venture in Uruguay in the area of medical cannabis.
Pedersen, along with six partners, has invested in Nube Serena, a company that cultivates the plants for medical purposes.
“Medical cannabis in 2016 is like 1995 and the internet,” Pedersen told DR Nyheder. “This is a breakthrough year.”
New laws opening doors
Pedersen said the relaxation of laws around the world to make medical cannabis legal is opening the door for his latest enterprise.
The Netherlands has permitted the use of medical marijuana for years. About half of the states in the US now permit its use, with more looking to change their laws soon. A majority in the Danish Parliament also seems to be leaning towards making it legal.
“The use of...
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