Little Green Pharma Ltd. said it has become the first Australian company to export medicinal cannabis oil to Germany.
The West Perth-based medical cannabis company said it exported the first commercial shipment of locally grown and GMP-manufactured medicinal cannabis oil to CC Pharma GmbH, a German importer and distributor of pharmaceuticals.
CC Pharma, a wholly-owned German subsidiary of Canadian cannabis company Aphria Inc., is a distributor of pharmaceutical products to more than 13,000 pharmacies in Germany.
Little Green Pharma or LGP made an initial shipment of 2,400 units of cannabis oil valued at more than A$600,000. The company expects the shipment to clear customs in Germany next week, following which the shipment will be batch-tested and released for sale into the German market.
LGP noted that it is now the third global cannabis company to deliver full plant extract oils into Germany, behind Canadian medical cannabis companies Tilray Inc. and Aurora Cannabis Inc.
“Supplying CC Pharma, a leading medicinal cannabis distributer in Germany, is a significant achievement and aligns with our commercial strategy to establish LGP as a key exporter of medicinal cannabis oils into Europe,” said LGP Managing Director Fleta Solomon.
In addition to its deal with CC Pharma, LGP signed a three-year agreement with Berlin-based medical marijuana distributor DEMECAN in February this…
