on CannaPharmaRx (NASDAQ:CPMD)
CannaPharmaRx Advances with New Cannabis Shipment to Israel
CannaPharmaRx, a cannabis producer based in Calgary, Alberta, has announced the completion of two shipments to Israel, despite recent leadership changes. The company is preparing to ship an additional 300 kg, with a projected price of CAD 2.10 per gram, depending on quality and THC content. Another order for 250 kg is planned for delivery this quarter, with expectations of increased shipments throughout 2025.
Following successful product introductions in Israel, CannaPharmaRx is in early talks with potential partners in Europe and other regions. This marks a strategic move to expand its international footprint, aiming for substantial growth and revenue in the coming year.
R. E.
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