Sharechat Logo

Cannasouth exports first Cannabis-based API

Thursday 14th September 2023

Text too small?

Cannasouth Limited (NZX: CBD ) has exported to Australia its first commercial shipment of its high-purity cannabidiol (CBD) isolate, a cannabis-based, active pharmaceutical ingredient (API). This is a first for Aotearoa New Zealand’s medicinal cannabis industry.

 

This CBD isolate was manufactured in New Zealand to PIC/s Good Manufacturing Practice (GMP) standards and verified by the Medicinal Cannabis Agency. This first shipment is the forerunner of greater volumes of API exports for the local industry, signalling the demand for high-quality, GMP certified cannabis-based APIs on the international stage.

 

This signals the next growth phase for Cannasouth and the medicinal cannabis industry.

 

-ENDS-

 NZX MAP_CBD_First API Export



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

GEN - General Capital gives Notice of Annual Meeting 2026
AFT Chair David Flacks to retire before the next ASM
PCT - Precinct NZ $65 million Wholesale Bond Issue
FRW - Chair Announces Appointment of Successor
PCT - Future Director Appointment
FRW - Chair Announces Appointment of Successor
Me Today Market Update
IKE 1Q FY27 Performance Update
BPG - Q1 FY27 Trading Update
AFT R&D Portfolio Offers Multi-$bn Market Potential