GTEC Enters Global Cannabis Market with Export Agreement to Israel

2y
3m read
Summary

The Company will continue to evaluate opportunities within the global cannabis market, with the objective to further expand its global distribution channels. Under the terms of this agreement, GTEC is expected to become a key supplier of cannabis to Focus Medical. Focus Medical is one of eight original licensed producers of medical cannabis in Israel and has over 10 years of experience growing high-quality medical cannabis in the Israeli market. IMC is a multi-country operator (MCO) in the medical cannabis sector headquartered in Israel and with operations In Israel and Germany. Over the past decade, the IMC brand has become synonymous with quality and consistency in the Israeli medical cannabis market.

Article Preview

Kelowna, BC, March 08, 2021 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. (TSXV:GTEC) (OTCQB: GGTTF) (FRA: 1BUP) (“GTEC”, the “Company” or “GTEC Cannabis Co.”) a multi-licensed producer of handcrafted, high quality cannabis, is pleased to announce the signing of an export deal pertaining to the Israeli medical cannabis market (the “Agreement”).

 

Executes multi-year agreement to export a minimum of 500 KG annually to Israel, one of the world’s largest import markets for medical cannabis Agreement enables GTEC to enter into global distribution of its handcrafted ultra-premium flower Export deal demonstrates the demand for GTEC products...

Read the full article @ Cannabis Law Report