Medical Cannabis Company
Togder
+11.63%
Base:107.5
opening:107.5
Tall:126
low:107.5
change:793,851
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Rises in trade by about 12% at this time after updating that it has so far sold 50 kg of its produce in Germany. Inflorescences have been produced at the company’s facilities in Uganda. The company has been reportedly preparing to continue importing into the country.
In addition, it was reported that the company is in contact with other potential customers for large-scale transactions and is preparing to distribute its products in pharmacies in Germany, with a population of about 80 million people, and according to the company is a huge market that also enters other continents.
According to the company’s reports in Germany, about 10 tons of medical cannabis were consumed during the previous year. This is compared to Israel, where, according to data from the Medical Cannabis Unit, in 2021 the volume of consumption is expected to be over 40 tons. The company believes that according to these data, the German cannabis market is at the beginning of its growth, so To the best of the company’s knowledge, 1 gram of medical cannabis in the German market is significantly higher than the price of 1 gram of medical cannabis sold to pharmacies in Israel.
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