プラントライフシステムズ (Yokohama) announced that it had become the first private-sector operator in Japan to obtain a cannabis plant license. Following the announcement, ASULINA’s stock price surged in the afternoon session.
プラントライフシステムズ announced that it had become the first private-sector operator in Japan to obtain a cannabis plant research cultivation license. The license is regarded as an important foundation for advancing research and development of cannabis plant-derived compounds, including CBD, as well as cultivation and compound-management technologies.
ASULINA previously established a joint venture with the company to manufacture and sell cannabis-related products. The license is expected to help establish a competitive advantage in ASULINA’s CBD-related business.
Following the news, ASULINA’s stock price was reportedly surging in the afternoon session, indicating the market’s response to the potential strengthening of its collaboration with プラントライフシステムズ and expansion of its CBD business.