London, Could 23, 2024 – Celadon Prescribed drugs Plc (AIM: CEL), a pharmaceutical firm primarily based in the UK centered on the event, manufacturing and sale of revolutionary medicinal merchandise primarily based on hashish, pronounces that, following the signing of an introductory gross sales contract with a long-standing American firm, has efficiently shipped two totally different medicinal hashish merchandise to america, representing the Firm's first worldwide business provide. The American enterprise is a provider to a variety of totally different departments of the American authorities, and this preliminary sale has the potential to develop into a cloth supply of further income. The product was delivered from the Firm's facility in the UK.
Following the announcement of Celadon's first European provide contract in November 2023, which has a possible contract worth of £26 million over three years, as we speak's announcement demonstrates the Group's skill to export the merchandise and is an affidavit to the rising worldwide demand for high-quality and high-quality Celadon. Hashish merchandise Δ-9-tetrahydrocannabinol.
James Brief, CEO of Celadon, stated:
“We’re completely satisfied to have accomplished our first worldwide business cargo, particularly as a result of it was made to america, the biggest pharmaceutical market on the planet. Mixed with our gross sales contract in Europe, which we intend to begin supplying in H2 2024, this reveals the robust worldwide export potential of Celadon's high-quality medical hashish merchandise, along with the numerous home market alternative.
“Our cannabis-based medicines persistently meet the best requirements of efficacy and security, that are demanded by present and potential prospects, and finally sufferers. It is a direct results of our rigorous manufacturing processes and strict high quality management measures, which have been proven to be trade leaders. As as we speak's announcement demonstrates, we’re in a position to efficiently provide pharmaceutical grade medical hashish not solely within the UK, but in addition in continental Europe, america and past.
Questions:
Celadon Prescribed drugs Plc
James Brief By way of Powerscourt
Jonathan Turner
