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   ( Panaxia Israel ) (TASE: PNAX),  Israel s largest medical cannabis company and a global company with activity in Germany, France, Israel, Cyprus, Greece and Malta, today published its financial results for the first quarter of 2021. Panaxia Israel - revenues in millions: 2019-2021 quarterly revenues Dadi Segal, CEO of Panaxia Israel, said, We are delighted to cap another record quarter of strong growth in revenues, which for the first time include retail sales of Panaxia products in Germany and Cyprus, along with a significant decrease in operating and net losses. As the only company in Israel with EU-GMP certification from the EU Health Authority, which is required to export to Europe, Panaxia is currently focused on implementing its global strategy and a gradual shift to development, production and export of its brands to the premium markets that are characterized by high profitability and a small number of competitors, and on exclusive partnerships with global pharmac

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