I hope longs understand the German deal is already a done deal, its not a loi. Both companies studied eachother thoroughly of course and then and only then decided to do a long term deal. Simply waiting on the bolded area below. Also with the article that has been posted a few days ago it simply bodes well for Invictus and hopefully their wait is almost over to. See you all near the end of next week. Have fun! cheers
INVICTUS MD STRATEGIES CORP. ("Invictus" or the "Company") (TSXV: GENE;OTCQX: IVITF; FRA: 8IS1) is pleased to announce that its wholly-owned licensed producer, Acreage Pharms Ltd. ("Acreage Pharms"), has entered into a five-year supply and distribution agreement with Deutsche Medizinalcannabis GmbH ("Deutsche Medizinalcannabis") for a total of 10,000 kgs of dried cannabis flower. Deutsche Medizinalcannabis is an importer and distributor of medical cannabis in Germany with a vast distribution network and direct access to 20,000 pharmacies and a clear focus on product marketing and professional education (see press releases dated June 19, 2018 and September 24, 2018, for further details).
"We are thrilled to partner with Deutsche Medizinalcannabis to supply medical cannabis to the German market. At present, there is insufficient supply to meet patient demand in Germany and this is a great opportunity to expand our distribution and sales beyond Canada," said George E. Kveton, CEO of Invictus. "Both companies share the same beliefs regarding the importance of product quality and it has been a pleasure working with Deutsche Medizinalcannabis as we prepare our Phase 3 facility at Acreage Pharms to be EU-GMP compliant."
"Highest medical quality and reliable constant supply is what German patients deserve and what both, Invictus and Deutsche Medizinalcannabis, stand for. It has been a terrific experience to work with Invictus in achieving EU-GMP compliance for their Acreage Pharms facility." said Cornelius Maurer, Co-Founder and CEO of Deutsche Medizinalcannabis. "Invictus' supply will ease the product shortage in German pharmacies and lay the foundation for Deutsche Medizinalcannabis to become Germany's most reliable wholesaler of medical cannabis products. We are excited to further develop our international network of EU-GMP certified suppliers through this partnership."
Prior to any shipment of dried cannabis flower to the German market, the Company must first obtain an export permit from Health Canada as well as a Good Manufacturing Practice ("EU-GMP") certification, in accordance with the rules governing medicinal products in the European Union. The EU-GMP certification is a requirement to distribute medical cannabis to Germany and across the European Union. Deutsche Medizinalcannabis must in turn obtain an import permit.
AI
