MONCTON, New Brunswick–(BUSINESS WIRE)–Organigram, one of Canada’s leading indoor growers, has sent its first shipment of bulk dried flower to Canndoc Ltd., one of Israel’s largest medical cannabis producers. Both companies have established themselves as pioneering producers. In addition to supplying patients, Organigram’s recreational portfolio includes The Edison Cannabis Company, Trailer Park Buds, Ankr Organics, and Trailblazer. Canndoc supplies Israeli pharmacies and holds international cultivation and distribution agreements in the European Union and Canada.
The shipment is part of Organigram’s multi-year deal with Canndoc and is estimated to be worth approximately $2.4M CDN. Organigram will provide a guaranteed 3,000 kg of dried flower to Canndoc by December 31, 2021 for processing and distribution into the Israeli medical market, and may provide an additional 3,000 kg during the same time period at Canndoc’s option, subject to certain conditions.