Thursday, 19th September 2024

Swissx Plants first of $3 million in cannabis seed in Puerto Rico, plans Caribbean HQ

Thursday, 23rd May 2019

Alki David's meetings in San Juan secured a total of 3600 acres which will yield $3.8 billion a year in hemp farming partnerships; Overwhelming support from the business and agriculture sector makes Puerto Rico a perfect home base for regional operations

Swissx CEO Alki David left Puerto Rico on the Swissx Express late Wednesday, after wall-to-wall meetings with local business people and farmers. Arriving with a Puerto Rican-born master grower, $3 million in hemp seed, and a plan to begin planting on 1000 acres, David left with contracts to plant a total of 3600 acres with a potential yield of $3.8 billion a year.

"We came with a potential solution for an industry wiped out by hurricanes and betrayed by the U.S. government," said Alki David, CEO of Swissx. "We left with more than double the amount of land to plant, and powerful new friends. We have proof that our plan can flourish, and help hard-hit farmers do more than get on their feet. They will get rich."

Swissx's cooperative farming plans are modeled after systems that have been working in Switzerland for hundreds of years. Partners remain independent, receive free training, seed, and supplies, and share in the ownership of the plants. Swissx guarantees it will buy all crops at fair market rates. Swissx produces the highest quality CBD products available, in oil and flower form and has a global distribution network in place.

Farmer Victor Gonzalez of Lares left the meetings at the Vanderbilt Hotel in San Juan with the first bag of Swissx seed on the island. "People have grown cannabis in the region for many years," said Gonzalez. "But now with Swissx behind us, we can maximize the potential of our land and hard work. And we can do it safely and securely."

Many new entities in Caribbean countries have invited Swissx to discuss partnerships--and in San Juan, David signed its first deal with an Antiguan company. Afterward, David and his team surveyed farmland around Utuado by helicopter.

"People ask about the situation in St. Kitts-Nevis, you know, my night as a jailbird," said Alki David. "Here's what I learned: Let politics take a back seat. The way forward is not through politics. It is through building businesses that can raise up whole economies. Build the business and the politics will fall into place. It has to."