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As the looming climate crisis becomes an ever-growing concern, companies around the globe are making more of an effort to help. In the world of sustainable medicinal cannabis, Khiron is at the forefront of this crusade.\u00a0<\/p>\n
Khiron<\/a>\u00a0is a patient-oriented cannabis brand that relies on education, product innovation, agricultural infrastructure, and scientific expertise. Based in Latin America and\u00a0founded in 2017 by CEO Alvaro Torres with other entrepreneurs, the growing company released its\u00a0first annual sustainability report<\/a>\u00a0last month. The report is the first of its kind and highlights Khiron\u2019s commitment to the environment on a global scale.\u00a0<\/p>\n \u201cIt\u2019s with great pride that we present our inaugural sustainability report,\u201d said Mar\u00eda Jimena Ochoa, Vice President of Sustainable Development at Khiron.\u201cThis reflects not only our commitment to continue improving the lives of patients, employees, local communities, shareholders and other stakeholders, along with our pledge to minimize negative environmental impacts, but also encompasses all of our initiatives carried out in 2020 to materialize our higher purpose, while strengthening our capacity to implement sustainable management practices in our operations, aligned with the United Nations Sustainable Development Goals.\u201d\u00a0<\/p>\n As one of the leading vertically integrated cannabis companies, Khiron has cemented themselves as a major player in the growing medicinal cannabis industry.\u00a0\u00a0\u00a0\u00a0<\/p>\n Khiron\u00a0is a medicinal marijuana provider, but that label doesn\u2019t encapsulate the brand in its entirety. Rather, Khiron is focused on improving lives through the sale and prescription of\u00a0sustainable\u00a0cannabis.\u00a0<\/p>\n Torres, a Colombian native, built Khiron out of his passion for providing high-quality, sustainable cannabis to patients. Instead of controlling just one aspect of the supply chain, Torres wanted to ensure the quality and effectiveness of his product by overseeing the growth of the cannabis plant all the way to creating products and prescribing them to patients.<\/p>\n \u201cFrom the very beginning we have been focused on building demand for medical cannabis all across Latin America and Europe,\u201d Torres said. \u201cTo do this, we need to create real world evidence, produce high-quality, consistent and safe products, and provide more access to patients.\u201d\u00a0<\/p>\n Khiron\u2019s\u00a0Zerenia clinics<\/a>\u00a0are the building block of this vertically integrated strategy.\u00a0<\/p>\n \u201cWith our clinics, we are able to generate real world evidence, persuade doctors of the benefits of medical cannabis, create demand with patients, and provide access by engaging with insurers to offer coverage for our medications.\u201d Torres explained. \u201cOur intention is to continue moving forward with this strategy in our target markets wherever we can, and as agile as possible.\u201d\u00a0<\/p>\n Eighty-thousand square feet of cultivation area make up the vast majority of Khiron\u2019s supply with tightly vetted third-party manufacturers supplementing output volume. The facility, located in Tolima, Colombia, produces up to nine tons per year of dried flower.\u00a0Khiron\u2019s facilities are GMP compliant, while the laboratory that produces the magistral formulations is Good Elaboration Practice (GEP) certified.\u00a0Products are standardized and stabilized according to the U.S. Pharmacopeial Convention analytics standard.<\/p>\n But cultivation is just one aspect of their business. Khiron\u2019s medical health centers and telemedicine platforms create an experience that is firmly centered around the patient. Proprietary telehealth platforms and seed-to-patient sourcing means Khiron\u2019s clinics can vouch for the quality and effectiveness of their product. This patient-forward approach towards medical marijuana has led to unwavering brand loyalty from users. \u201cThe vertical integration of the company guarantees quality of products, pharmacovigilance to monitor the development of the treatments, close attention and follow up in health services and in general a whole experience that makes any of our patients the center of our operation,\u201d\u00a0Torres said.\u00a0\u201cThis approach has created a brand loyalty that has allowed us to have more than 6,000 recurrent patients at the beginning of August, and this is a number that increases every month.\u201d<\/p>\n Providing patients with environmentally friendly cannabis is a key component of Khiron\u2019s business model. The company now offers their sustainable cannabis in Colombia, Peru, Germany, the UK, and Brazil. Specific operations in each country vary depending on regulations in the region. In Colombia, the company is responsible for three wholly owned clinics and became the first company to sell THC medical cannabis in Peru through Farmacia Universal. In the UK, Khiron\u2019s\u00a0Project Twenty21<\/a>\u00a0aims to create evidence of the effectiveness of medical cannabis through clinical trials. Championing projects that increase evidence towards the clinical efficacy of medical cannabis positions Khiron to expand their care into more countries. The success of Khiron\u2019s Colombian seed-to-patient business model is evident in the company\u2019s\u00a0Q2\u00a0earnings from 2021, which saw\u00a068% growth year-over-year in total revenues.\u00a0These numbers come with a staggering\u00a088% gross margin in medical cannabis\u00a0and are indicative of both the company\u2019s success and the growing market for medicinal cannabis. Khiron is working to bring their business model to the European sector and aims to reach 1 million patients and consumers by 2024. This expansion comes with a desire to champion sustainable growing practices and functions as a global leader for cannabis and the environment.\u00a0\u00a0<\/p>\n Khiron\u2019s 2020 Sustainability Report highlights the\u00a0company and its brand\u2019s\u00a0overarching dedication to science and sustainable cannabis production. By initially identifying key issues, such as reducing carbon footprint and energy use, Khiron developed 10 goals that align with the United Nations Sustainable Development Goals. These goals are designed to be the blueprint for sustainable initiatives going forward and prove to be a more than adequate benchmark for success in sustainability.<\/p>\n Like many brands, Khiron\u2019s commitment to the environment stems from a deep-seated ideology that corporations are responsible for the communities and environments in which they operate.\u00a0\u00a0Integrating environmentally sustainable measures into their business practices helps ensure they are positively impacting local communities.\u00a0<\/p>\n \u201cTaking care and preserving natural resources through their responsible and efficient usage and management is a fundamental principle of our operations,\u201d Ochoa said. \u201cWe believe the sustainable growth of our business shall not affect the availability of resources for the local communities, nor future generations.\u201d\u00a0<\/p>\n Environmental compliance is a major part of fulfilling this mission; Khiron strictly follows all local environmental regulations in their regions of business. Environmental Social Governance (ESG), has become increasingly more important to both consumers and stakeholders. Recognizing the need for corporate accountability, Khiron is committed to improving lives through cannabis, but it doesn\u2019t stop there; the brand also contributes resources to enhancing the health and environment of their patients\u2019 communities.\u00a0\u00a0<\/p>\n One outreach effort exemplifying their dedication to the environment took place in Tolima, Colombia, where Khiron\u2019s production facilities are located. To offset their carbon footprint, Khiron commissioned a solar park that aims to reduce energy consumption by up to 40 percent and is expected to reduce Khiron\u2019s CO2 emissions by 580 tons. This initiative comes with moves to reduce natural resource consumption including water, energy, and raw materials.\u00a0<\/p>\n Sustainable medicinal cannabis is in high demand, and Khiron is doing their part to encourage other cannabis\u00a0leaders\u00a0to follow their example. Khiron\u2019s 97-page 2020 sustainability report indicates their recognition of the challenges posed by a changing climate and commitment to mitigating the effects as best they can.\u00a0<\/p>\n The post Khiron\u2019s Sustainable Cannabis Improves Patient Lives<\/a> appeared first on Cannabis Now<\/a>.<\/p>\n
As the looming climate crisis becomes an ever-growing concern, companies around the globe are making more of an effort to help. In the world of sustainable medicinal cannabis, Khiron is at the forefront of this crusade.\u00a0 Khiron\u00a0is a patient-oriented cannabis brand that relies on education, product innovation, agricultural infrastructure, andContinue Reading<\/a><\/span><\/p>\n","protected":false},"author":15,"featured_media":49809,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[50,4269,417,139,2063,270,2765],"tags":[],"_links":{"self":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/49808"}],"collection":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/comments?post=49808"}],"version-history":[{"count":1,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/49808\/revisions"}],"predecessor-version":[{"id":49810,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/posts\/49808\/revisions\/49810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media\/49809"}],"wp:attachment":[{"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/media?parent=49808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/categories?post=49808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannabiscultivatornews.com\/home\/index.php\/wp-json\/wp\/v2\/tags?post=49808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Complete Oversight, From Seed to Patient<\/strong><\/h4>\n
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\nRead More: Khiron\u2019s Sustainable Cannabis Improves Patient Lives<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"