First Exclusive European Distribution Deal for MXC Phytocannabiniods API Products
• MGC Pharmaceuticals has signed its first exclusive distribution deal with leading laboratory supplier, Mikro+Polo
• The Company will be the exclusive supplier of Phytocannabinoids Active Pharmaceutical Ingredients (APIs) to all Mikro+Polo customers across Slovenia, Croatia and Bosnia
• Mikro+Polo is the largest Slovenian supplier of laboratory accessories, equipment, chemicals, and diagnostics and has an established Government customer base
• MXC’s API price will be based on the underlying market price for Phytocannabinoids API, currently over €60/gram, with emerging market demand already strong
• Represents the first Pharma distribution deal for MGC Pharmaceuticals in Europe and positions it strongly as a leading biopharma medicinal cannabis company
MXC Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
