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LGP signs exclusive German Cannabis Oils distribution agreement - TechInvest Magazine Online

Written by Staff Writers | Jan 19, 2022 8:57:45 AM

Little Green Pharma Ltd (ASX: LGP) has entered a three-year exclusive distribution agreement with AMP Medical Products GmbH for the distribution of LGP cannabis oils in Germany.

Under the Agreement, AMP agrees to exclusively distribute and market LGP cannabis oil medicines and not promote any other oil products in Germany. In return, the company will supply AMP with its 10:10 LGP Classic and 20:5 LGP Classic cannabis oils on an exclusive basis, as well as its 1:20 LGP Classic, 1:100 LGP Classic and CBD 50 LGP Classic oils on a non-exclusive basis.

AMP is a leading pharmaceutical supplier of medical cannabis products, has one of the largest medical liaison teams in Germany, and hosts a broad range of well-attended medicinal cannabis education sessions for physicians and allied health professionals.

The AMP Group is listed on stock exchanges in Germany and on the Canadian Securities Exchange. Agreement drives LGP brand recognition in Germany AMP represents a trusted and exclusive partner in Germany.

LGP anticipates AMP’s significant marketing and sales capability will help further grow patient and prescriber recognition of the LGP brand across its product suite.

https://www.littlegreenpharma.com/