Midlands-based medical cannabis producer Dalgety has announced a new contract agreement with Grow Pharma and its licensed JV partner IPS Pharma, enabling the commercial supply of pharmaceutical-grade, THC-rich prescription medicines to the UK market. The move positions Dalgety at the forefront of UK-based medical cannabis cultivation, with its first medicine made available by the end of 2023.
Grow Pharma is one of the UK’s largest distributors of quality prescribed cannabis medicines, offering a comprehensive suite of educational materials for healthcare professionals, as well as one-to-one advice, learning events and prescription support for new doctors.
James Leavesley, chief operating officer at Dalgety, said: “We began discussions with Grow more than two years ago and we share its ambition as a leader within the medical cannabis industry. From cultivation and processing, through to patient experience, we’re aligned in our aim of providing the highest quality medicine and service to patients. I’m excited to announce that this agreement has now come to fruition.”
The UK medical cannabis market is forecast to reach more than £1bn by 2026, helping boost economic growth in the UK.
Production
In January this year, Dalgety was granted a Home Office licence, allowing it to cultivate and manufacture EU-GMP grade high THC-medical cannabis from its state-of-the-art UK-based facility.
Overseeing the growing operation is Brady Green, who is originally from Canada and has more than 15 years’ experience with the specialist form of horticulture, both in his home country and in Europe.
His market-leading expertise has been implemented across the entire production to provide the highest quality medicines.
James added: “For the past five years there has been no certainty of UK-based medical cannabis cultivation, meaning the industry has had to solely rely on imports, which is a complex process and impacts the consistency in supply of the medicines being prescribed to patients. We are committed to improve patient access to medical cannabis and ensure patients can receive consistent and high quality medicines that have been manufactured in a highly regulated environment here in the UK.”
Dalgety was founded in 2016 and has since completed several commercial production batches. With Dalgety’s funding round still open, it provides new partners and investors a unique opportunity to get involved with a leader in the UK medical cannabis industry. As the economic potential of the industry moves further into the public sphere, following a Westminster debate on medicinal cannabis in April, the new partnership with Grow is expected to push Dalgety’s production output to the next level.
Pierre van Weperen, CEO of Grow Pharma, said: “Our focus has always been on the needs of the patient, and it’s clear that Dalgety has heard and understood this within its approach and recognises the importance of this in the long term. Our conversations were focused around that from the start. Anything that simplifies the UK supply chain and enhances its sustainability will make a huge difference to the industry.
Pierre van Weperen
“This is a hugely positive collaboration for Grow, being able to bring UK-grown medicines with industry-leading expertise to the pharmaceutical market.”
Dalgety deploys the latest techniques in an environmentally controlled hydroponic growing facility, with pharmaceutical-grade manufacturing processes.
Looking for a grower
Dalgety is looking for a passionate grower, who is confident in cultivation, plant nutrition and harvest. Interested in the job? Click here to see the job offer.
For more information:
Dalgety
www.dalgetyuk.co.uk