VIVO Cannabis Signs Australian Distribution Agreement


Posted May 24, 2019 by Amtassociates

AMT Associates is a well-established highly motivated financial services group based in Hong Kong. Since our inception in 2012

 
Vivo Cannabis, the Canadian licensed cannabis producer has recently announced that they have signed and sealed a very important distribution agreement with Burleigh heads Cannabis limited, which is one of Australia’s leading and pioneering medicinal cannabis researchers and distributors. This fantastic agreement is predicted to vastly increase the ability of Australian patients to gain access to VIVO’s high quality medicinal cannabis products, including their line of flowers and oil and others. With the law still being considerably strict in Australia the products will only be available via the approved medical centers to approved patients.

The good news for VIVO is that all the regulatory import permits that are required under Australian law for their first shipment of product have been complete and granted by the Australian office of drug control. Burleigh heads has said that it expects the first import to successfully land in Australia in June, this all relying on VIVO’s acquisition of a Canadian export permit. However it would seem that there is no worries from VIVO, with Canada’s recent complete legalization of Cannabis both recreationally and medically.

The CEO of VIVO Barry Fishman said in a recent note to investors "We are very excited to announce the signing of this distribution agreement, which will give us increased exposure in the Australian market and enhance consumer awareness of our brand and products. Burleigh Heads is a strong advocate for improving patient access to safe cannabis medicines and, together with its affiliate, CDA Clinics Australia, is a leader in providing Australian patients with channels through which to acquire high-quality cannabis products."

On the other side of the partnership, and world, the director of operations of Burleigh Heads Guy Headley commented on the collaboration saying “We are impressed with VIVO's commitment to product quality and patient access. We look forward to providing Australian patients and doctors with another quality medicinal cannabis treatment option. We also look forward to continuing this relationship with VIVO as their product portfolio expands."
Cassie White – AMT Associates
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Last Updated May 24, 2019