- Medical Marijuana's ( OTCPK:MJNA ) subsidiary, Kannaway signs a distribution agreement with long-time partner Complete Hemp Technologies to expand its capabilities in the European market.
- The agreement adds warehousing and daily operations to the services that CHT already provides to Kannaway in Europe, providing cost-savings and gross margins improvements in one of the company’s largest international markets.
- The company has worked with CHT for years to facilitate expansion throughout Europe, leveraging their strong relationships with regulators and industry leading cannabis based product capabilities.
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“As the first US company to enter Europe with our hemp-based products, we have built long-standing relationships with the region’s most knowledgeable companies and this agreement is a perfect example of that. It is a win-win for both companies. We will continue to leverage our superior product formulations and brand equity as the original trusted source for quality products, while being supported by a reputable company with a proven track record of success.” said Medical Marijuana, Inc. CEO Blake Schroeder.
For further details see:
Medical Marijuana signs deal with leading European manufacturer and distributor