With its headquarters in the rich agricultural state of Huila, which averages more than 280 sunny days per year, this will serve as a regional production and processing hub for Canopy LATAM. In Colombia, Spectrum Therapeutics owns a uniquely-positioned 126 hectare farm suitable for growing and future operations. This site receives a steady supply of fresh water from a natural lagoon, has favourable electricity rates, and is currently licensed for 42 hectares (4.5 million sq. ft.) of production capacity for both psychoactive and non-psychoactive (<1% THC) cannabis. Spectrum Therapeutics will build the necessary facilities to provide for value-added production and sales in Colombia and the broader region, with all products produced intended for regional markets in Latin America.