The “357 Company,” specializing in shipping federally legal hemp within the U.S., announced it is launching a division called “357 Canna Logistics” for the international shipping of cannabis and hemp between countries that have legalized it.
Kevin Schultz, Co-founder and President of the 357 Company, said, “Shipping cannabis internationally is extremely complex… 357 Canna Logistics is one of the few companies that has combined experience in cannabis and international logistics.”
Partnering with Flora Growth, a global company that develops and produces cannabis goods, Mr. Shultz stated, “We are proud to fulfill their international logistics management needs… and delivering cannabis safely and securely on time and within budget across multiple countries.”
According to ReportLinker, “The global cannabis market size is estimated to be valued at US$27.7 billion in 2022 and is projected to reach US$82.3 billion by 2027.” Grand View Research noted, “The increasing rate of legalization of cannabis and acceptance of its use in the medical field are the key factors due to which the market is expected to boom.”