Little Green Pharma: Signs second exclusive supply deal with Cannamedical

Little Green Pharma Signs second exclusive supply deal with Cannamedical

  • Little Green Pharma (LGP) Denmark enters a a second agreement with Cannamedical Pharma to exclusively supply its medicinal cannabis cultivar SMS
  • LGP may deliver non-irradiated SMS product as an alternative to irradiated SMS product with the goal of delivering the first shipment in the first quarter of 2023
  • Further, the agreement will allow the supply of SMS to Cannamedical for sale in Germany, subject to minimum quantities being ordered every six months to maintain exclusivity
  • The minimum value of the agreement is about €3 million ($4.5 million) over two years
  • Shares in LittleGreen Pharma have ended the day up 2.78 per cent to close at 18.5 cents
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.

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