KELOWNA, British Columbia, Oct. 02, 2019 (GLOBE NEWSWIRE) — Allied Corp. (“Allied”) (OTC: ALID), an international medical cannabis company focused on creating and providing targeted cannabinoid health solutions, is pleased to announce it has entered into a strategic partnership, by way of a signed agreement, with Slovenian based PharmaHemp d.o.o to provide superior CBD extract products for Allied’s immediate distribution into the European and Asian markets.
With the addition of this agreement to Allied’s supply chain, Allied now has an end-to-end solution for the development, production, manufacturing, packaging, shipping, distribution and sale of its products globally. This allows the Allied products and brands to gain access to the European and Asian markets. Allied intends to ship product in Q4 2019.
“Having the additional required European licenses and manufacturing capabilities close to the point of sale in place with our partners in Europe, this will allow us to quickly gain market share in Europe and beyond,” said CEO of Allied, Calum Hughes. “As we continue to expand our distribution into Europe and globally, this new relationship ensures that we can reach additional markets within our business plan.”
Additional information about Allied Corp. can be found at www.allied.health.
On behalf of the Board,
Chief Executive Officer
About PharmaHemp d.o.o.
PharmaHemp is a private company based in Ljubljana, Slovenia that has been providing superior quality cannabidiol “CBD” extracts since 2011. With fields in carefully selected European micro-locations, PharmaHemp extracts are 100% Organic and are produced using advanced supercritical CO2 fluid extraction technology with third party testing to verify their high quality.
About Allied Corp.
Allied Corp. is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating and producing targeted cannabinoid health solutions. Allied Corp. uses an evidence-informed scientific approach to make this mission possible, through cutting-edge pharmaceutical research and development, innovative plant-based production and unique development of therapeutic products.
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