Israel-based multi-country operator IM Hashish (CSE:IMCC) (NASDAQ:IMCC) introduced it signed a three-year take care of Canadian licensed producer The FLOWR Company (OTC:FLWPF), below which the latter will present its ultra-premium hashish strains to IM Hashish for distribution and sale in Israel below the IMC model.
Oren Shuster, CEO of IM Hashish mentioned in a press release to Benzinga that, “Because the Israeli medical hashish market continues to increase, demand from sufferers for premium high-THC merchandise will increase. The settlement with FLOWR is one other cornerstone in IM Hashish’ progress technique to boost its product portfolio within the native market with a brand new class of indoor ultra-premium choices.
“With the native market anticipated to increase due to the upcoming legalization supported by the upcoming new authorities, we’ll proceed to collaborate and associate with main world cultivators to make sure sufferers who belief our model and depend on our merchandise, have entry to the best high quality medical hashish obtainable,” Shuster added.
In response to IM Hashish, the primary cargo of the FLOWR strains is anticipated to be obtainable to Israeli sufferers in the course of the second half of 2021 and distributed via licensed pharmacies, together with IM Hashish’ on-line pharmacy and distribution community it acquired just lately from Panaxia
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