RE:Read the Real Truth
Pitdigger wrote: Sebastian Diemer, Founder and Chairman of Farmako stated last year:
”This is a big leap forward for millions of patients in Europe. The market for pharmaceutical cannabis is the fastest growing market worldwide. In Canada, the industry grew from 170 million to a 30 billion industry within three years. We aim to provide cost efficient and custom tailored cannabinoid therapies to support a similar success story for the European markets. When future historians write a history of entrepreneurship, the market liberalization of pharmaceutical cannabis will get a separate chapter. Dozens of investors are waiting in line to be a part of this story.”
Niklas Kouparanis, Founder and CEO of Farmako: “This first step enables us to build a reliable distribution network in all European jurisdictions with a legal basis for pharmaceutical cannabis. The German is twice as big as the Canadian market, and additional European markets like the United Kingdom markets are opening up. We are in the unique position of reaping the full benefits of a second mover advantage: We adapt the smart moves of our predecessors and do not repeat their mistakes.”
Pharmacann Polska’s representative - Yuval Soiref, the Co-Founder, CEO and International Business Development: “This exclusive agreement is a great success and not only ensures stable supply of pharmaceutical cannabis, but also a beginning of research-based development of innovative cannabis strains for better and more targeted medical treatment. Thanks to our sophisticated growing systems and pharmaceutical-grade extraction, we are one of the very few players worldwide who are able to guarantee the highest quality cannabis in the largest amount ever seen in European history. Together with Farmako, we enter into an exclusive and promising partnership to move cannabinoid-based healthcare forward.”
Farmako and Pharmacann Polska have agreed on a deep partnership in research and development. It focuses on the joint development of new custom-tailored cannabis strains, while using the full advantage of producing at a substantially lower cost in the eastern part of the EU. Kouparanis: “We will produce a higher quality medicine at a lower price than our Canadian competitors. The first pharmaceutical cannabis shipment is expected to be in German pharmacies by June 2019.” For the next four years, Pharmacann Polska will provide pharmaceutical Cannabis exclusively for Farmako. This finally ensures a stable supply for the German patients which Canadian suppliers could not guarantee in the past year.
Germany will not be the only country to benefit from high-quality therapies with pharmaceutical cannabis. Kouparanis: "We will be active in every European jurisdiction that creates a legal basis. In the United Kingdom, Denmark and Luxembourg, pharmaceutical cannabis was also approved. Many more European countries will follow soon. We plan to become Europe's leading pharmaceutical cannabis company and to ensure security of supply in these countries as well. We guarantee that European cannabis for European patients is not only legal, but also affordable and available.”
To all you idiots that are attempting to trash AGRA, ask yourself who actually owns Farmako??
BTW - the above info was published into the Public Domain.
They lost me at "In Canada, the industry grew from 170 million to a 30 billion industry within three years." Maybe thats how Farmako thinks it somehow has 8% market share... Gooder Maths. Meanwhile in Canada we're doing like 1.3b a year rec... Somehow medicinal must account for 28.7 billion dollars??? LOL