Business
PharmaCielo Announces Shipment of Dried Cannabis Flower to the Czech Republic, Representing the Company's First Shipment of Medicinal Grade Dried Cannabis Flower into the EU
PharmaCielo Announces Shipment of Dried Cannabis Flower to the Czech Republic, Representi...
About this update from Pharmacielo Ltd.
[{"type":"text","content":"\n \n \n \n PharmaCielo Announces Shipment of Dried Cannabis Flower to the Czech Republic, Representing the Company's First Shipment of Medicinal Grade Dried Cannabis Flower into the EU\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Shipment made to an established pharmaceutical distributor and clinical research organization in the\n \n Czech Republic\n \n , focused on medicinal grade cannabinoids\n \n \n \n \n \n \n TORONTO\n \n and RIONEGRO,\n \n Colombia\n \n \n ,\n \n \n Sept. 15, 2022\n \n \n /CNW/ -\n \n PharmaCielo Ltd.\n \n \n (\"PharmaCielo\" or the \"Company\") (TSXV: PCLO) (OTCQX: PCLOF), the Canadian parent of\n \n Colombia's\n \n premier cultivator and producer of dried cannabis flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S. (\"Holdings\"), today announced\n \n \n that it has made its first shipment of THC-dominant dried cannabis flower to a customer in the\n \n Czech Republic\n \n , in the EU market. The customer is an established cannabinoid-focused pharmaceutical distributor and clinical research organization in the country. The customer currently imports cannabinoids from\n \n The Netherlands\n \n and\n \n Canada\n \n .\n \n \n \n \n \n \n \n \n \n \n \n Management Commentary\n \n \n \n \n \n Bill Petron\n \n \n ,\n \n CEO of PharmaCielo\n \n , commented, \"PharmaCielo's global business development team continues to make substantial progress growing the Company's sales pipeline and setting the stage  for accelerated growth beginning in 2023. The EU is the biggest opportunity for global cannabinoid exporters, and PharmaCielo is positioned to win market share against current suppliers, with a combination of proprietary Colombian strains, high quality products and low production costs. Our team has made substantial progress in several markets recently, including\n \n Germany\n \n ,\n \n Israel\n \n ,\n \n Brazil\n \n ,\n \n Mexico\n \n ,\n \n Poland\n \n , and now the\n \n Czech Republic\n \n . We expect the combination of these recent developments and sustained sales ...