Australian firm signs binding cannabis supply deal with Germany’s Demecan
Perth, Australia-based Little Green Pharma has signed a binding smoke420aud with German medicinal cannabis company Demecan. Buy marijuana online in Australia //wickr @plugsmith or check website here The purchase agreement with Demecan is for any combination of 1,000 kilograms (2,200 pounds) of dried flower or 48,000 units of medical cannabis oil per year. The agreement kicks in with the first commercial shipment, which is expected to take place in the second half of this year. Financial terms were not disclosed. Germany is home to the largest medical cannabis market in the European Union, with more than 100 million euros ($110 million) of medical cannabis reimbursements in 2019, according to Marijuana Business Daily ’s estimate. Germany’s medical market, while growing fast, is about a quarter of the size of Canada’s. “Patient access to medicinal cannabis in Germany has been limited to date, with inadequate domestic production that is u...