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Iuvo Imports the Single Largest Cannabinoid Extract Shipment to Europe
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POTSDAM, Germany, May 4, 2021 /CNW/ - Iuvo Therapeutics Ltd. ( Iuvo ) is pleased to announce the importation of 20,000 units of full-spectrum extracts derived from non-irradiated GMP certified cannabis flower from partner Cann Group Limited ( Cann Group ). This import is a key milestone for Iuvo to become one of Europe s largest suppliers of cannabinoid-based pharmaceuticals.
Iuvo will be offering two full-spectrum extracts, a high THC and a balanced THC:CBD, both manufactured from premium non-irradiated GMP certified cannabis flower.
Germany continues to be Europe s largest medicinal cannabis market, the demand for cannabinoid extracts has been growing steadily over the last few years increasing from approximately 80,000 prescriptions in 2019 to approximately 200,000 in 2020.