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New Colombia Resources Forming Joint Venture to Apply for an Orphan Drug Designation with the Food and Drug Administration (FDA) for a Medical Cannabis Pharmaceutical Product

New Colombia Resources Forming Joint Venture to Apply for an Orphan Drug Designation with the Food and Drug Administration (FDA) for a Medical Cannabis Pharmaceutical Product

BARRANQUILLA, Colombia, Oct. 14, 2016 /Weed Wire/ — New Colombia Resources, Inc.(OTC: NEWC) (the “Company”), a U.S. listed Colombian resource company with premium metallurgical coal and medical marijuana assets, announced they will be applying for an orphan drug designation with their collaboration partners for regulatory agency approvals of a cannabinoid pharmaceutical product for multiple medical indications.


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