A medical cannabis company in Perth, Australia, has signed a distribution agreement with a Slovenian company to expand the MMJ market in Europe.
Under the deal, Australia-based MGC Pharmaceuticals will grow and process cannabis at its cultivation and extraction sites in Europe and then wholesale the products to Mikro+Polo, according to the Business News of Western Australia. In turn, Mikro – based in Maribor, Slovenia – will distribute MGC’s medical cannabis products in Slovenia, Croatia and Bosnia. All three Balkan nations were once part of the former Yugoslavia.
Earlier this month, MGC was awarded a European license to grow cannabis in Slovenia, the Business News reported.