CBDBuzzz.com
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop
No Result
View All Result
CBDBuzzz.com
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop
No Result
View All Result
CBDBuzzz.com
No Result
View All Result

THC Global (ASX:THC) signs production and supply agreement with Medleaf

June 24, 2020
in Science
Reading Time: 2 mins read
A A
THC Global (ASX:THC) signs production and supply agreement with Medleaf
400
SHARES
2.4k
VIEWS
ShareShareShareShareShare
  • THC Global (THC) has signed a production agreement with Medleaf Therapeutics, who is a major supplier of cannabis medicines in New Zealand
  • THC Global will produce and supply an initial 2250 bottles of Full Spectrum CBD and Balanced THC:CBD medicines, to be labelled under the Medleaf brand
  • This deal comes just three months before New Zealand will require cannabis medicines to be reviewed and registered
  • This means the parties will have a higher potential of reaching more patients
  • The initial agreement is valid until August 2021 and will be automatically renewed
  • THC’s shares have dropped 4.69 per cent and are currently trading for 30.5 cents each

THC Global (THC) has signed an agreement with JC Logistics, trading as Medleaf Therapeutics, to produce and supply GMP-manufactured medicines in New Zealand.

Medleaf was only established in 2018 but has quickly become a major supplier of cannabis medicines in New Zealand.

Under the production agreement, THC will produce and supply pharmaceutical cannabis medicines to Medleaf following the registration of medicines in New Zealand.

From October 1, new medicinal cannabis regulations will take effect in New Zealand. The regulations will require all medicines supplied in the country to be submitted for review and registration. THC will seek registration of the medicines before it supplies them to Medleaf.

Medleaf has made an initial order of 2250 bottles. This includes Full Spectrum CBD and Balanced THC:CBD medicines which will be labelled under the Medleaf brand.

The initial agreement is valid until August 2021 with automatic renewal following the first term.

“The new cannabis medicine regulations in New Zealand are a significant opportunity for established brands to reach more patients in need who may benefit from medicinal cannabis,” Medleaf CEO Courtney Letica said.

“We are very pleased to be working with Medleaf as one of New Zealand’s leading cannabis medicine brands, and look forward to working together on providing choice in high quality and affordability of medicinal cannabis to patients in New Zealand,” THC Global CEO Ken Charteris said.

THC’s shares have dropped 4.69 per cent and are trading for 30.5 cents each just after midday trade.

Credit: Source link
Share160Tweet100SendShare28Pin36
Previous Post

CBD Has Never Been A Controlled Substance

Next Post

Ladrones de plantas comprometen la salud de una joven argentina

Related Posts

Raphael Mechoulam, RIP – Cannabis | Weed | Marijuana
Science

Raphael Mechoulam, RIP – Cannabis | Weed | Marijuana

March 23, 2023
How to Debunk Alleged Cannabis Harms ?
Science

How to Debunk Alleged Cannabis Harms ?

February 6, 2023
Trump says Harris ‘lied’ when questioned on cannabis (Newsletter: August 13, 2020)
Science

Schumer hosts cannabis meeting with other lawmakers (Newsletter: February 2, 2023)

February 2, 2023
Aurora Cannabis Inc. (TSE:ACB) Receives Average Recommendation of “Hold” from Analysts
Science

Aurora Cannabis (ACB) Scheduled to Post Quarterly Earnings on Thursday

February 2, 2023
Load More
Next Post
Ladrones de plantas comprometen la salud de una joven argentina

Ladrones de plantas comprometen la salud de una joven argentina

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Updates

Cannabis Linked to ‘Significant’ And ‘Sustained’ Health Impr

Cannabis Linked to ‘Significant’ And ‘Sustained’ Health Impr

June 5, 2023
New Product Clears your Weed Hangover 

New Product Clears your Weed Hangover 

June 5, 2023
Las Variedades De Marihuana Clásicas Que Tienes Que Probar.

Las Variedades De Marihuana Clásicas Que Tienes Que Probar.

June 5, 2023
Calm in Your Cup | High Times

Calm in Your Cup | High Times

June 5, 2023
Rhode Island Ushers In New Era for Medical Weed Patients with Digital Applications

Rhode Island Ushers In New Era for Medical Weed Patients with Digital Applications

June 5, 2023
CBDBuzzz.com

This is an online news portal that aims to share latest news about "News, Culture, Science, Health, Shop" and much more stuff like that. Feel free to get in touch with us!

Recent News

Cannabis Linked to ‘Significant’ And ‘Sustained’ Health Impr

Cannabis Linked to ‘Significant’ And ‘Sustained’ Health Impr

June 5, 2023
New Product Clears your Weed Hangover 

New Product Clears your Weed Hangover 

June 5, 2023

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy

© 2020 matans3.sg-host.com - All rights reserved!

No Result
View All Result
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop

© 2020 matans3.sg-host.com - All rights reserved!