Epsilon signs long-term manufacturing deal for Cannim’s Jamaican cannabis products

CANNANNEW REPORT

Epsilon has signed another major deal as its world-leading GMP manufacturing facility in Southport continues to attract the attention of medicinal cannabis powerhouses. Global cannabis company Cannim has signed a two-year deal with Epsilon Healthcare (ASX:EPN) to be its Australian GMP manufacturing partner. Epsilon has the largest GMP cannabis manufacturing facility in the southern hemisphere at Southport in Queensland, which will produce medicinal cannabis products from Cannim’s raw material at scale for supply into the Australian market as well as for global export. As a global cannabis company primarily cultivating in Jamaica on a 500-acre farm under Good Agricultural and Collection Practice (GACP), Cannim has significant supply agreements for flower and oils into Germany, the United Kingdom and Australia. Over the next two years Epsilon’s manufacturing arm, THC Pharma, will receive bulk imports of dried flower for the packaging and release of Australian GMP dried flower. THC Pharma will also work on contract manufacturing opportunities for global third parties using Cannim’s cannabis material as an Active Pharmaceutical Ingredient (API), including supplying to parties referred to the company by Cannim.   Cannim’s first HummingBud products released Following receipt of Cannim’s Jamaican grown cannabis material in September, Epsilon has packaged, tested, and released for supply dried flower products under Cannim’s HummingBud brand. These products are available for prescription now, including being prescribed by Tetra Health – Epsilon’s wholly owned clinic network. To date, Epsilon has received three imports of Cannim’s cannabis starting material, with further imports on track for the balance of 2021 to be released as final product  during the balance of Q4 2021 and into 2022. The company expects to continue seeing ongoing purchase orders from Cannim and its partners over the course of the collaboration with Cannim.   Praise for Southport production facility Cannim chief operating officer Lachlan Cameron said he…

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Source : Epsilon signs long-term manufacturing deal for Cannim’s Jamaican cannabis products

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