CannaPharmaRx, Inc. announced that the company finalized a supply agreement with ICAN Green S.A. de C.V ("ICAN"), a division of ICAN Investing Group LLC. CannaPharmaRx will supply product to ICAN for distribution in the Latin Americas with a primary focus on Mexico and Panama. ICAN, an international cannabis company with a focus on Latin-America, is a regional reference in education, research, and development of cannabis-based medications and products.

ICAN was the first, and so far, only company to legally import THC API into Mexico. Under the terms of the agreement, CannapharmaRx will supply ICAN with cannabis related products, subject to minimum required annual levels of purchases by ICAN. This partnership is a significant accomplishment for both companies.