![](https://investorshub.advfn.com/uicon/590178.png?cb=1496247680)
Wednesday, August 02, 2017 8:42:32 PM
OWCP + Mediq Collaborate to Introduce Cannabinoid-based Psoriasis Cream in Germany
https://psoriasisnewstoday.com/2017/06/01/owcp-and-mediq-collaborate-to-introduce-cannabinoid-based-psoriasis-cream-in-germany/
“We’re looking forward to initiating our efforts on behalf of OWCP in Europe, starting in our home market of Germany,” Jan Wende, managing director of mediq, said in a press release. “Since German laws and regulations allow non-smokable forms of medical cannabis, we believe that OWCP’s proprietary cannabinoid-based topical psoriasis cream is the right product at the right time.
“Furthermore, Germany is the largest European healthcare market and therefore offers the perfect platform to gain local evidence and roll out the concept into other European countries,” Wende added. “Our initial focus for OWCP is on the German market, however, we’re excited about the long-term opportunities throughout Europe, a market with a population of over 740 million.”
Alon Sinai, managing director of One World Cannabis, said the German market is a great opportunity for OWCP.
“Germany, with its population of over 81 million and a gross domestic product of over US $3.36 trillion, is the largest economy in Europe,” Sinai said. “Also potentially beneficial to OWCP is Germany’s recent medical cannabis legislation, which currently limits the usage of smokable products, and which Germany also provides for reimbursement for medical cannabis by the country’s healthcare system.”
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM