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Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Post by Humaniston Jul 07, 2021 10:12pm
330 Views
Post# 33510291

Medical cannabis grown in Germany available for first time!

Medical cannabis grown in Germany available for first time!(demecan is one of the)  Medical cannabis grown in Germany available for first time

July 7, 2021/ 8:00 pm
 
German-grown medical cannabis is available for purchase and sale by local pharmacies for the first time, the Federal Institute for Drugs and Medical Devices (BfArM) announced late Wednesday.

Pharmacies can use the portal by Cansativa GmbH to purchase medical marijuana from one of three contracted cultivators, two of which are subsidiaries of Canadian producers Aurora Cannabis and Tilray, respectively, and the other being Germany-based Demecan.
The three companies were chosen to cultivate marijuana in Germany in 2019 after a long-delayed application process to provide product for the largest medical cannabis market in Europe.

Mrfelden-Walldorf-based Cansativa won a tender last year to become the sole distributor of all cannabis grown in Germany.
That contract will last for four years.

The BfArM said it is selling the cannabis to pharmacies at a price of 4.30 euros ($5.07) per gram.

The contracted production totals 10,400 kilograms (22,928 pounds) over a period of four years, but the contracts include a clause that could allow production to increase by 10% during that period.
Until now, all legal medical cannabis in the country has been imported.
While the local production will help pharmacies meet demand, the country is expected to require some imports for years.
In 2020, the German market imported a record 9,249 kilograms, according to BfArM data.
Germany’s medical cannabis market is growing fast but remains small relative to North American standards.
To put the market into perspective, more cannabis (14,463 kilograms) was reimbursed by Veterans Affairs Canada than was imported into Germany last year.
 


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