THE biggest Australian commercial shipment of locally-grown and good manufacturing practice-manufactured medicinal cannabis oils has been exported into the lucrative German market by WA-based Little Green Pharma (LGP).
The shipment was made to CC Pharma, a leading German importer and distributor of pharmaceuticals and included an initial 2400 units of LGP-branded medicinal cannabis oils valued at more than $600,000.
The shipment was anticipated to clear customs in Germany during the course of this week, following which LGP expects the shipment to be batch-tested and released for sale to the German market.
Delivery of the shipment will complete an extensive 22-month process of negotiation, quality inspection and audit and procurement of German and Australian narcotic licences and permits – reflecting the high regulatory barriers to the export of medicinal cannabis products to the European Union.
LGP managing director Fleta Solomon said supplying CC Pharma was a significant achievement.
“It aligns with our commercial strategy to establish LGP as a key exporter of medicinal cannabis oils into Europe,” Ms Solomon said.
“The demand for LGP products signifies not only a vote of confidence in LGP, but also in the ability of Australia’s home-grown medicinal cannabis industry to compete with major international medicinal cannabis companies to supply the German market.
“With our expanded…