A first-of-its-kind permit to export cannabis oil from the US to Israel was granted to Panaxia and its partner Ultra Health

A first-of-its-kind permit to export cannabis oil from the US to Israel was granted to Panaxia and its partner Ultra Health

Panaxia Israel has just imported from the US hemp extracts from which it will manufacture CBD-rich cannabis products Essence extraction was conducted in a facility jointly operated by Panaxia and Ultra Health located in New Mexico, US Dr. Dadi Segal, Panaxia CEO: “We are pleased to be able to extend care to our patients in Israeli who are in acute need of this service, among whom is a large group of children diagnosed with epilepsy or the autistic spectrum” TEL AVIV, Israel and ALBUQUERQUE, N.M., March 23, 2020 /PRNewswire/ — Panaxia (TelAviv: PNAX), the largest manufacturer and distributor of pharmaceutical cannabis products in Israel, and its partner Ultra Health have announced the arrival in Israel of the first shipment of hemp extract, having been awarded a first-of-its-kind permit to export cannabis oil from the US to Israel. This unique license was granted to the companies in light of their recent qualification to manufacture and distribute at their joint New Mexico (Bernalillo) facility, including hemp extracts of particularly low (<0.3%) THC concentrations. The companies have recently been licensed to manufacture products at the New Mexico facility and distribute them throughout the US. The facility was designed by Panaxia US and is operated by it while Ultra Health supplies raw materials and distributes the products. Manufacturing had begun this month, and the extracts delivered to Israel will be used in the manufacture of CBD-rich medicinal cannabis products under the premium brand of Axiban. Panaxia aims to produce within a short period of time an inventory large enough to satisfy several months of demand of all Israeli patients requiring this…

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Source : CANNANNEW REPORT
Link to original : A first-of-its-kind permit to export cannabis oil from the US to Israel was granted to Panaxia and its partner Ultra Health
reposted by Cannabis News World

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