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Little Green Pharma: Signs $2m supply agreement with Ilios Santé

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Little Green Pharma Signs $2m supply agreement with Ilios Santé

  • Little Green Pharma (LGP) signs a deal with Frankfurt licenced pharmaceutical wholesaler Ilios Santé for the supply of medicinal cannabis products into Germany
  • Under the agreement, Ilios Santé must purchase minimum orders of a high-THC white-label medicinal cannabis flower product being developed by LGP
  • The contract will last for two years and will have a minimum value of $2 million
  • The company believes the agreement shows its continued success of the extensive genetics program which has resulted in “a world-class” bank of cannabis cultivars
  • Shares in Little GreenPharma close in the day in the grey, trading at 32 cents
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