Here’s the press release
Nimbus Health GmbH will distribute the $1 million, 2,000-unit order through its large network of partnering pharmacies and receive half of all net profit.
Althea chief executive Josh Fegan called the shipment a “huge milestone for our European expansion plans”.
Germany’s medicinal cannabis market is the largest in Europe and expected to reach 7.7 billion euros ($12.2 billion) by 2028.
Althea’s products are greenhouse grown by Aphria, a Canadian producer that’s a significant shareholder of Althea.
At 11.12am, AGH shares were up 9 per cent to a two-month high of 54.5c.