The license is for importing, producing and distributing medical cannabis in Germany.
Together signs another German medical cannabis deal
Together CEO Nissim Bracha said, “Receipt of the license by the German company marks an important milestone for Together because with completion of acquisition of control in it, we will immediately be able to begin commercial operations in Europe. In addition to the license for trading in medical cannabis in Germany, we expect that immediately after signing the agreement to acquire control, we will work to import to Germany medical cannabis products from international enterprises, which we will sell and consolidate a significant foothold of operations that can operate throughout Europe.”
The company’s share price was up 4.58% in early afternoon trading on the TASE.