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Net Savings Link Inc. said its cannabis division will open an office in Shanghai, China, next month to expand its medical marijuana technology business into the world’s most populous country.
The company, based in Cresco, Pennsylvania, said in a news release it is moving into China because it sees a sizable opportunity there.
China is the world’s largest producer of cannabis sativa seeds, producing nearly 40% of the world’s supply, according to Net Savings Link, which trades on the over-the-counter markets under the symbol NSAV.
“Chinese companies have 309 out of the 606 patents filed around the