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Tag Archives: UK

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The man with the grass is here

Market movements in the billions preceded this legalization. Similar to the dotcom boom at the turn of the millennium a race of expectations has begun. Although Wayland employs only around 120 employees, hedge funds such as investment banks trust this publicly listed producer that was founded just in 2013 as if there were no risk at all.
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HEXO Corp. goes global, establishes Greek manufacturing facilities for distribution throughout Europe, including France and the UK

HEXO Corp. goes global, establishes Greek manufacturing facilities for distribution throughout Europe, including France and the UK
Sept. 26, 2018 (GLOBE NEWSWIRE) -- HEXO Corp. (“HEXO” or the “Company”) (TSX:HEXO) plans to establish a Eurozone processing, production and distribution centre in Greece. The partnership with Greek company Qannabos (“QNBS”) will catalyze a vertically integrated cannabis enterprise to capitalize on the current medical markets. HEXO’s plan to establish operations in Greece marks the Company’s first foray into the European cannabis market. The move will provide the company presence in Europe to supply a full suite of brands in France, the United Kingdom, and other European markets once regulations permit.
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Namaste signs binding terms sheet to acquire UK-based licensed pharmaceutical distribution company AF Trading Ltd.

Namaste signs binding terms sheet to acquire UK-based licensed pharmaceutical distribution company AF Trading Ltd.
Sept. 13, 2018 /CNW/ - Namaste Technologies Inc. ("Namaste" or the "Company") (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company's wholly-owned subsidiary, Namaste Bahamas Inc. ("Namaste Bahamas"), has signed a Binding Terms Sheet ("Terms Sheet") to acquire all of the issued and outstanding shares of UK-Based AF Trading Ltd. (operating as "Access Fulfillment" or "accessfulfilment.com"). Access Fulfillment operates a 30,000 square-foot distribution facility in the UK and holds a Wholesale Distribution Authorization (Human) License issued by the Medicines and Healthcare Products Regulatory Agency ("MHRA") which allows Access Fulfillment to distribute pharmaceutical products throughout the UK. The acquisition of Access Fulfillment is the first step in Namaste developing its future medical cannabis distribution platform in the UK, which represents a much larger customer base than that of its Canadian operations. The Company intends to launch a platform similar to its Canadian wholly-owned subsidiary Cannmart Inc. ("Cannmart") within the UK market to help monetize on its database of over 500,000 customers.
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