Cansativa Group and Akanda Corp. to Bring New Medical Cannabis Flowers to Germany
August 09 2022 - 2:00AM
Business Wire
Akanda Corp. ("Akanda") (NASDAQ: AKAN) and Cansativa GmbH
(“Cansativa Group”) today jointly announced a new cooperation that
will soon allow German pharmacies to provide patients with two
novel cannabis cultivars. This collaboration allows the Cansativa
platform to supply the German market with dried flowers from
Akanda’s EU-GMP certified indoor grow facility in Sintra, Portugal.
Akanda is expected to deliver at least 1,000 kilograms to Cansativa
over the first 12-month term of the agreement.
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“We are very glad about this agreement that allows us to
introduce two novel medical cannabis flowers to the German market.
This enables patient access to an additional supplier with a new
and innovative range of medical products. This exciting cooperation
marks another step in improving the product diversity and security
of supply on the German market. We look forward to a long-term
relationship with Akanda, with whom we share an important part of
our mission: We want to enable physicians, pharmacies, and patients
by giving them access to an extensive medical product portfolio and
help improve the quality of life with the help of medical
cannabis,” says Benedikt Sons, co-founder and CEO of the Cansativa
Group.
“Our prized purpose-built indoor grow facility is the only one
of its kind in Portugal that can produce EU-GMP medical cannabis
equivalent to the adult-use grades available in North America. It
has both the quality and scalability to meet the growing demand for
medical cannabis in fast-growing markets across the EMEA region,
such as Germany. We are equally excited to be partnering with the
Cansativa Group to bring some of our best strains to Germany
through their platform. This supply agreement represents one of the
largest agreements in the nascent European medical cannabis
industry and is certainly Akanda’s most substantial commercial
development to date, enabling new patient experience,” affirms Tej
Virk, CEO of Akanda.
All pharmacies in Germany will be able to purchase these
products through the Cansativa platform.
About Cansativa Group
Cansativa Group is the German leader in the medical cannabis
market and sees itself as the driving force of the cannabis
industry in Germany. Since the award of the Federal Institute for
Drugs and Medical Devices (BfArM) in August 2020, they are the only
company with approval for the distribution of medical cannabis from
German cultivation. In the upcoming cannabis legalization, the
Cansativa Group sees itself as a pioneer of the democratization of
the cannabis market. They import, store, license, distribute,
supply, brand and educate.
Connect with Cansativa Group: Website | LinkedIn
About Akanda Corp.
Akanda is an international medical cannabis and wellness
platform company seeking to help people lead better lives through
improved access to high quality and affordable products. Akanda’s
portfolio includes Holigen, a Portugal-based cultivator,
manufacturer and distributor with a prized EU GMP certified indoor
grow facility; Bophelo Bioscience & Wellness, a GACP qualified
cultivation campus in the Kingdom of Lesotho in Southern Africa;
and CanMart, a UK-based fully licensed pharmaceutical importer and
distributor which supplies pharmacies and clinics within the UK.
The Company’s seed-to-patient supply chain also includes
partnerships with Cellen Life Sciences’ Leva Clinic, one of the
first fully digital pain clinics in the UK.
Connect with Akanda: Website | LinkedIn | Twitter |
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version on businesswire.com: https://www.businesswire.com/news/home/20220808005848/en/
Cansativa Press Contact Hannah
Bellmann | Public Relations +49 157 377 449 33
hannah.bellmann@cansativa.de or pr@cansativa.de Akanda Investor Contact Matt Chesler, CFA FNK IR
ir@akandacorp.com Akanda Press Contact
Imogen Saunders Irvine Partners imogen@irvinepartners.co.uk
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