CAN (BC): Agreement signed for supply of EU-GMP cannabis

AgraFlora Organics' Farmako has executed the binding supply agreement with ZenPharm, a subsidiary of Zenabis Global.

ZenPharm will supply EU-GMP quality medical cannabis flower cultivated by Zenabis to Farmako for distribution to medical cannabis patients in Germany. The agreement is intended to facilitate the distribution of 1500 kilograms of cannabis flower by Farmako in Germany over a 3 year term. Farmako will distribute the products its established network of German pharmacies. The products will carry Farmako’s branding an important step in building brand awareness and loyalty with physicians pharmacists and patients. The products initially include high potency THC flower and balanced THC and CBD flower two product categories that management believes are in highest demand in Germany. Shipments to Farmako are expected to start in November 2020.

Farmako CEO Katrin Eckmans stated: “It is our intention to establish partnerships with reliable suppliers and ensure high quality and sustainable supply at a fair price range to German patients. ZenPharm and Zenabis have proven themselves as trustful and reliable supply partners. Our goal to provide sustainable product for German patients takes a big step forward with this transaction and my team is excitedly working on our product launch to occur later this year.”

For more information:
AgraFlora Organics
agraflora.com


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