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The company ordered cannabis plant seeds from a Dutch supplier for its farm, which the company is establishing in Uganda.
Together (TASE: TGDR), specializing in the cultivation and production of medical cannabis, announced It outshot cannabis sales in January 2019. The company placed an order for cannabis seeds for its farm, which the company is setting up in Uganda. The order for the seeds was placed at a supplier in the Netherlands, which is considered one of the leading suppliers of cannabis in the world.
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The types and quantities of seeds ordered are tailored to the needs of the company, in coordination with Canadian society, which has concluded a binding agreement to buy medical cannabis products and their supply is expected within a month. As a result of the order, Together believes that it respects the schedule that she has set and that she will be able to start selling medical cannabis products in January 2019.
Together CEO Nissim Bracha: "We continue to fulfill the business strategy of the company We intend to start sales within six months.The seed order represents an important step towards growing cannabis in a in Uganda and marketing the products to a Canadian customer early next year, we are setting up a farm in Israel so that our operations are also focused on the local market, which is expecting significant growth as well as fields to promote the medical cannabis sector in North America and Europe, markets with high economic potential for us.work plan includes the promotion of agreements with additional customers, the examination the establishment of additional farms and cooperation with major international customers while putting the emphasis on creating fast revenues that will bring major value to our shareholders.
Published by Globes [online] Israel business news – www.globes-online.com – July 16, 2018
© Copyright Globes Publisher Itonut ( 1983) Ltd. 2018
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