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Creso Pharma Medical Cannabis For Pakistan And Philippines

Creso Pharma Medical Cannabis For Pakistan And Philippines
Creso Pharma Medical Cannabis For Pakistan And Philippines
February 17, 2021
Australia’s Creso Pharma Limited (ASX:CPH) has inked a distribution agreement that will see its products appear in Pakistan, the Philippines and other countries.
The deal was made with Pakistan-based Route2 Pharm Pvt Ltd, which will import, market, distribute and sell Creso’s hemp derived therapeutic products in the two countries under an exclusive arrangement, and non-exclusively in potential markets including Cambodia, Vietnam, Uzbekistan and others.
“This Agreement has the potential to take Creso into markets with a combined population of over 750 million people,” said the company’s non-executive Chairman Adam Blumenthal. ....

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Creso Pharma Ltd secures distribution agreement for hemp-derived therapeutic products in Pakistan, the Philippines and other new markets

Creso Pharma secures distribution agreement for hemp-derived therapeutic products in Pakistan, the Philippines and other new markets
The target markets include Cambodia, Afghanistan, Azerbaijan, Bangladesh, Georgia, the Maldives, Myanmar, Tajikistan, Turkmenistan, Uzbekistan and Vietnam, which takes the potential addressable market to 750 million.
The agreement contemplates combined minimum order quantities for the first contractual year of up to CHF1.71 million (A$2.48 million).
Creso Pharma Ltd (ASX:CPH) (FRA:1X8) (OTCMKTS:COPHF) has secured a comprehensive distribution agreement with leading nutritional supplements company, Route2 Pharm Pvt Ltd for its hemp-derived therapeutic products exclusively into Pakistan and Philippines, and non-exclusively into other potential target markets. ....

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