NEWS & EVENTS

ALTHEA EXECUTES GERMANY SUPPLY AND DISTRIBUTION AGREEMENT

Investment Highlights:

  • Althea has executed a three-year Supply and Distribution Agreement with Nimbus Health GmbH. Nimbus Health is a renowned player in the German Medicinal Cannabis Market and delivers Cannabis Products from their Warehouse in Frankfurt to all pharmacies in Germany within 24h
  • Nimbus will sell and distribute Althea’s full suite of medicinal cannabis products under the Althea brand name in Germany commencing in the second half of CY2020
  • Public health insurers typically cover the entire fee for medicinal cannabis in Germany

To read the full ASX announcement click here