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ifc og seeds

Ifc og seeds

IFC OG by Intergalatikz is a frosty indica strain with pungent terpenes and pleasantly sedating effects. Created by crossing Stardust OG and OG Kush, IFC OG’s light green foliage and skunky, chemical-filled aroma speak to the strain’s lineage and relaxing body effects. Noted for having a THC content between 20-27%, IFC OG’s potent indica genetics make this strain an ideal companion for lazy days.

IFC OG by Intergalatikz is a frosty indica strain with pungent terpenes and pleasantly sedating effects. Created by crossing Stardust OG and OG Kush, IFC OG’s light green foliage and skunky, chemical-filled aroma speak to the strain’s lineage and relaxing body effects. Noted for having a THC content between 20-27%, IFC OG’s potent indica genetics make this strain an ideal companion for lazy days.

Ifc og seeds

According to an IFC document, the project is expected to improve farmers' incomes in SSA through job creation for seed-producing contract farmers, most of whom are small holders. It is also expected to limit health risks for cotton farmers as the use of insect tolerant seeds reduces the need for pesticides.

Founded in 1964, Mahyco India is one of India’s largest seed companies. It focuses on research, development and commercialisation of a variety of seeds in India with a focus on producing quality seeds. Mahyco India’s subsidiary, Mahyco International Pte Ltd (Mahyco International) incorporated in Singapore, is the holding company for the Mahyco’s international operations and owns operating entities that sell cotton seeds in Sub-Saharan Africa (SSA) and rice seeds in Vietnam and Bangladesh.

The international arm of Maharashtra Hybrid Seed Company Ltd (Mahyco India) is planing to raise $20 million from the International Finance Corporation (IFC).

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IFC will support the company by providing flexible, long-term funding. The project comprises funding technology costs, working capital needs, pre-commercialisation costs and capex in several countries in SSA including Nigeria, Malawi, Kenya, Zambia, Tanzania and Burkina Faso and in Asia (including Bangladesh, Vietnam, Indonesia, the Philippines, Laos and Cambodia).

IFC proposes to support the project with $20 million in funding, comprising a $10 million equity investment from IFC’s own account and a $10 million equity investment in its capacity as Implementing Entity of the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP). The balance is proposed to be funded through internal accruals.

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T E Narasimhan | Chennai Last Updated at October 4, 2019 09:37 IST

This will be part of the $26 million that Mahyco International has earmarked to expand its cotton business in Sub-Saharan Africa (SSA) and its rice and eggplant business in Asia.