Cannaus
  • Home
  • State News
    • ACT
    • QLD
    • NSW
    • NT
    • SA
    • TAS
    • VIC
    • WA
  • Topics
    • Business
    • CBD
    • Government
    • Hemp
    • International
    • Legalisation
    • Medicinal Cannabis
    • Offences
    • Research
    • Misc
  • Cannabis Companies
No Result
View All Result
Cannaus

Elixinol Wellness (ASX: EXL) signs deal with major British cannabis company

3 years ago
in National
2
Cannabis oil with bud

Cannabis oil with bud

Share on FacebookShare on Twitter

Global cannabis company Elixinol Wellness (ASX: EXL; OTCQB: ELLXF) recently announced that it was leaving Britain’s medical cannabis market, but it won’t leave medical cannabis users without access to their medications. 

On December 21st, Elixinol Wellness announced that it has signed a Trademark and Know-How Licensing Agreement with British Cannabis — Britain’s largest independently owned cannabis producer, manufacturer and distributor. British Cannabis is registered as “CBD Health Foods Ltd.” 

The deal between the two companies will see British Cannabis distributing Elixinol Wellness’ products. It lasts for the next three years and will continue to build the Elixinol Wellness brand even after the company has ceased operations in the UK. 

Elixinol Wellness chose to stop trading in the British and European medical cannabis markets because of the uncertain regulations that stifle the industry and make it difficult for companies to stay afloat. In their announcement post, Elixinol Wellness said that distributing products through British Cannabis will give them “significant cost savings” while allowing them to keep supplying medical cannabis to those who need it. 

Elixinol Wellness’ CEO Oliver Horn also mentioned that British Cannabis will help manufacture Elixinol products locally in the UK, making the supply chain “more efficient.” 

British Cannabis’ manufacturing capability also allows us to manufacture Elixnol products in the UK and thus create a more efficient supply chain solution.

The deal won’t change how Elixinol Wellness’ patients access their medications, as Elixinol will continue to produce and distribute their products as normal (albeit through British Cannabis). 

Tags: Business
Share15Tweet10
Mike Frigger

Mike Frigger

Mike is one of the lead editors at Cannaus. He's an advocate for legalising cannabis and covers much of the cannabis journey in Australia.

Related Posts

Cannabis leaf with seeds
National

WA government classifies a cannabis seed the same as a fully-grown plant

January 13, 2022
Small cannabis plant growing in a pot
National

New Zealand-based cannabis producer Greenfern reaches partnership agreement with Cannvalate

January 13, 2022
Cannabis medicine
National

Study shows the majority of women using medical cannabis for endometriosis obtain it illegally

January 11, 2022
Green cannabis leaf on wood
National

Cannim set to become major name in adult-use cannabis market through strategic merger

December 27, 2021
Penalty
National

TGA fines St Francis Pharmacy nearly $40k for advertising medicinal cannabis

December 23, 2021
Man sleeping with a dog
National

Incannex may soon launch a new cannabis-based medication to combat sleep apnoea

December 22, 2021
Subscribe
Notify of
guest
guest
2 Comments
Inline Feedbacks
View all comments
Weekly Cannabis News

Get the latest Australian cannabis news straight to your inbox every week.

Enter your email address
  • Home
  • Contact
  • Privacy Policy

Disclaimer
Cannaus does not recommend that anyone uses cannabis for medical or adult use purposes unless consulted by a medical professional. Cannabis is a drug and may have negative side effects. Please consult with your doctor to find out if cannabis is right for you.

  • Home
  • State News
    • ACT
    • QLD
    • NSW
    • NT
    • SA
    • TAS
    • VIC
    • WA
  • Topics
    • Business
    • CBD
    • Government
    • Hemp
    • International
    • Legalisation
    • Medicinal Cannabis
    • Offences
    • Research
    • Misc
  • Cannabis Companies
No Result
View All Result
Weekly Cannabis News

Get the latest Australian cannabis news straight to your inbox every week.

Enter your email address

Thanks, I’m not interested

wpDiscuz