Sunday, August 08, 2021 2:13:58 PM
''Also in Germany, the demand is around 60% flower and 40% oil. We can’t export
flower from Colombia at this time and we’re not pushing the government to allow it.''
With regard to the German cannabis market, the transaction was completed as part of a distribution agreement that Khiron has with Nimbus Health, a leading EU-GMP/GDP certified medical cannabis distributor in Germany with a network of 300+ pharmacies. Currently, Khiron’s products are located at Nimbus’ warehouse and are ready to be distributed through its network.
By 2028, the German medical cannabis market is predicted to be worth nearly €7.7bn (source: Prohibition Partners)
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