European-focused cannabis producer ICC International Cannabis Corp (CSE:WRLD, OTC:KNHBF) said Wednesday that it has received its first purchase order and called it a “significant milestone.”
The order is for 10,000 milliliters of tetrahydrocannabinol (THC) cannabis oil, 5,000 grams of dried cannabis flower and 5,000 milliliters of cannabidiol (CBD) oil, the Vancouver-based company said in a press release.
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ICC plans to fill the order during the first quarter of 2019 and expects other orders throughout the year. The company plans to market and sell its products in the 28 countries of the European Union, which has a total population of 500 million.
"The receipt of this purchase order is a significant milestone for ICC,” said Eugene Beukman, CEO and a director of ICC, in a statement.
Shares of ICC were unchanged at $0.62 in Wednesday midday trading on the Canadian Securities Exchange.