EC-Botanics-Germanys-legalisation-of-cannabis
|

Germany’s legalisation of cannabis | ECS Botanics

“Perth-headquartered medicinal cannabis company Little Green Pharma (LGP) is bullish on opportunities in Germany after the country legalised the drug on Friday with certain limitations, including personal possession of up to 25g, allowing three marijuana plants per household, and the establishment of non-commercial clubs for cultivation and distribution with caps on membership and volume.” Read…

ECS Exclusive: How we pulled off the biggest cross-border pot deal in Aussie history

ECS Exclusive: How we pulled off the biggest cross-border pot deal in Aussie history

On Tuesday, northern Victorian quiet achiever – the medicinal cannabis cultivator and manufacturer ECS Botanics (ASX:ECS) – revealed it secured a stunning five-year, $24 million deal to supply Perth-based MediCann Health with its top (medicinal cannabis dried flower) strain. The deal builds on the existing two-year contract and expects to deliver over four tonnes of dried cannabis flower…

ECS Botanics (ASX:ECS) secures $9.9m cannabis supply agreement

ECS Botanics (ASX:ECS) secures $9.9m cannabis supply agreement

ECS Botanics (ECS) has secured a $9.9 million supply agreement for medicinal cannabis products in Germany. The company entered a binding agreement with German company Ilios Santé GmbH for the supply of medicinal cannabis. Under the contract, ECS will exclusively supply four medicinal cannabis strains to Ilios Sante, with the first supply anticipated once product…

ECS Botanics (ASX:ECS) secures $11.9m to supply medicinal cannabis dried flower in Australia

ECS Botanics (ASX:ECS) secures $11.9m to supply medicinal cannabis dried flower in Australia

ECS Botanics (ECS) has entered two offtake agreements worth a combined more than $11.9 million to supply medicinal cannabis dried flower in Australia. The company announced it will supply Melbourne-based Entoura with Good Manufacturing Practice (GMP) medicinal cannabis dried flower, worth $10.2 million over three years. Entoura supplies and develops high-quality medicinal cannabis products, but also…

ECS Botanics (ASX:ECS) frees up funds with asset sales and new debt facility

ECS Botanics (ASX:ECS) frees up funds with asset sales and new debt facility

Medicinal cannabis company, ECS Botanics (ECS) has launched the sale of two assets and secured a new loan facility. The company agreed to sell its hemp food and wellness business for $250,000 to Ananda Food, with contract completion expected in August upon the finalisation of due diligence. In addition, the company has planned to sell its…

ECS Botanics (ASX:ECS) hands over Tasmanian assets to Blue Buffalo

ECS Botanics (ASX:ECS) hands over Tasmanian assets to Blue Buffalo

ECS Botanics (ECS) has reached financial settlement of its Tasmanian medicinal cannabis business and assets for $3 million. The medicinal cannabis company agreed to sell its subsidiary, TasCo, which holds its Tasmanian operations and farm, to Blue Buffalo for $3 million. On October 24, the company announced to the market it had entered an unconditional…

Medicinal cannabis grower ECS Botanics locks in $24m supply deal with MediCann Health

Medicinal cannabis grower ECS Botanics locks in $24m supply deal with MediCann Health

Shares in ECS Botanics (ASX: ECS) rose by more than 22 per cent this morning after the Victorian medicinal cannabis grower and manufacturer announced its third supply contract win in just over three months, taking the total value of agreements reached since late June to $35.9 million.