CanMart Ltd. (“CanMart”), an entirely owned subsidiary of Akanda Corp., has engaged in a distribution deal alongside Australia-based Cannim to offer the award-winning Lumir line of medical cannabis products to UK patients. Cannim’s full-spectrum medicinal cannabis oil products will be imported and distributed by CanMart for a five-year period. Cannim provides an award-winning Lumir CBD50 to the Australian market, which was officially named CBD Product of the Year at the Australian Cannabis Industry Awards.
“For the first time, patients in the United Kingdom will have access to Cannim’s high-quality Jamaica-grown medicinal cannabis products,” stated Tej Virk, CEO & Director of Akanda. “This is another step in our quest to build a global supply chain based on a unique ‘open marketplace’ concept that gives patients the most options.” We are democratizing access to medical cannabis by bringing together the greatest third-party products from around the world and mixing them with our own high-quality DNA Genetics products developed at our Bophelo campus in Lesotho.”
“The United Kingdom is a critical link in a series of new market entries gained by Cannim in recent times, along with protecting access to the booming German medicinal cannabis market in August and launching into Australia under the Hummingbud brand in September,” said Stuart Marsh, Cannim’s Chief Commercial Officer. We are thrilled to add the United Kingdom to that footprint as a result of our cooperation with CanMart. CanMart’s profound knowledge and expertise of the UK market struck us, and they were instrumental in obtaining the necessary permissions to bring our goods to British patients.”
Akanda is a global medical cannabis firm that aims to improve the lives of people all over the world by democratizing availability of cannabis-based treatment and wellness goods. Bophelo Bioscience & Wellness, a GACP-qualified farming and processing faculty in the Kingdom of Lesotho in South Africa centered on developing legally sourced cannabis of the best quality at a low-cost compared to several other competitors, and CanMart, a UK-based officially approved pharmaceutical distributor and importer that delivers pharmacies and clinics throughout the United Kingdom, are among Akanda’s initial portfolio companies.