Resolutions 577, 578, and 579 of August 8, 2017, issued by the Ministry of Justice and Law, regulated that related to (a) the evaluation and oversight of licenses for the use of cannabis seeds and cultivation of plants; (b) the amount of the fees for evaluation and oversight services for these licenses; and (c) the defining criteria regarding small and medium national cannabis producers. In other words, in this manner, the National Government regulated the medical cannabis sector.

Leyva has structured medicinal cannabis projects from the onset, through the company’s incorporation (special purpose vehicle), the procedure for license application, financing agreements, and contracts of mandate negotiations, among others.