Canopy Growth’s German Subsidiary Teams Up With Portugal’s Gro-Vida To Expand Medical Cannabis Supply
Portugal-based medical marijuana grower Gro-Vida teamed up with Canopy Growth Germany GmbH, a subsidiary of cannabis giant Canopy Growth Corporation (NASDAQ:CGC). This agreement is a key step for Gro-Vida to position itself in Germany’s growing medical marijuana market while supporting Canopy Growth GmbH’s strategy of securing EU-based supply through an asset-light approach in addition to existing supply from the company’s Canadian GMP production platform.
“We are incredibly proud to be working with Canopy Growth Germany,” stated Mallory Bodnar, managing director at Gro-Vida. “It is a remarkable honor to have a global leader recognize the exceptional quality of cannabis produced here in Portugal. This is not only a testament to our hard work but points to the promising future of Portuguese-grown cannabis on the world stage.”
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