Cannasouth Enters into Supply Agreement with MediPharm Labs Australia

Cannasouth Limited (NZX:CBD) has entered into a supply agreement with MediPharm Labs Australia Pty Ltd for the supply of white label medicinal cannabis products into the New Zealand Market.

  • Under the agreement, MediPharm Labs Australia will supply a range of products that meet the required high-quality standards;
  • During the two-year term of the agreement with MediPharm, Cannasouth will have exclusive rights to the formulation and dosage forms set out in the agreement for the New Zealand market.

At NZST 01:44 PM, the stock was trading at $0.500 per share, up by 8.70% from its previous close.

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