EQS-News

Cannovum Cannabis AG: Legalization of cannabis is imminent, new premium partners enrich Anbau-Allianz, Cannovum's cultivation alliance

EQS-News: Cannovum Cannabis AG / Key word(s): Alliance/Investment Cannovum Cannabis AG: Legalization of cannabis is imminent, new premium partners enrich Anbau-Allianz, Cannovum's cultivation alliance 06.11.2023 / 13:39 CET/CEST The issuer is solely responsible for the content of this announcement. Cannovum Cannabis AG: Legalization of cannabis is imminent, new premium partners enrich Anbau-Allianz, Cannovum's cultivation alliance

 

The legalization of cannabis for recreational use in Germany is imminent. The law passed by the coalition is being discussed and is about to be voted on in the Bundestag. The majority holding of Cannovum Cannabis AG (stock exchanges Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin, gettex: ISIN DE000A2LQU21), Anbau-Allianz für Deutschland GmbH, is expanding its circle of partners in preparation for the upcoming billion-euro business with recreational cannabis. Three companies are joining the innovative alliance.

 

WESSLING is one of the leading consulting, analysis, and testing companies for the continuous improvement of quality, safety, health and environmental protection. As a family business with over 40 years of experience, it enjoys an excellent reputation – both throughout Germany and internationally.

 

WESSLING will play an important role in quality assurance in the course of the legalization of recreational cannabis in the cultivation alliance for Germany. Among other things, the company will be responsible for carrying out quality checks on ingredients and compliance with legal requirements. This will ensure that the highest standards and sustainability criteria are met during cultivation.

 

“We are delighted to be working with Cannovum Cannabis AG and its subsidiary, the Cultivation Alliance for Germany,” says Anna Weßling, Managing Partner. It is critical to us to contribute to the high quality and safety of cannabis through our analytical services.

cannabis for the consumer.”

 

 

RIEKE BLUMEN is another top-tier horticultural company to join the Cultivation Alliance for Germany. With an outdoor cultivation area of 25 hectares and an indoor production area of around 14,000 square meters with renewable heat sources, the company from Westphalia is one of the most innovative plant growers in the region. It is a member of PlusPlants and is therefore committed to sustainable and socially responsible production. Rieke-Blumen produces many of its own brands and is a major producer of Gardengirls.