VIVO Cannabis Signs Australian Distribution Agreement

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NAPANEE, ON, May 22, 2019 /CNW/ – VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has signed a distribution agreement with Burleigh Heads Cannabis Pty Ltd. (“Burleigh Heads”), one of Australia’s leading medicinal cannabis distributors. The agreement is expected to increase the ability of Australian patients to access VIVO’s high-quality medicinal cannabis flower, oil and other products via approved channels.

The required regulatory import permits necessary to enable the first shipment of product under the agreement have been granted by the Australia Office of Drug Control, and Burleigh Heads expects to import the first shipment of VIVO products in June, subject to receipt of a Canadian export permit.

We are very excited to announce the signing of this distribution agreement, which will give us increased exposure in the Australian market and enhance consumer awareness of our brand and products.

Barry Fishman, CEO of VIVO

Burleigh Heads is a strong advocate for improving patient access to safe cannabis medicines and, together with its affiliate, CDA Clinics Australia, is a leader in providing Australian patients with channels through which to acquire high-quality cannabis products.

Guy Headley, Director of Operations of Burleigh Heads, commented, “We are impressed with VIVO’s commitment to product quality and patient access. We look forward to providing Australian patients and doctors with another quality medicinal cannabis treatment option. We also look forward to continuing this relationship with VIVO as their product portfolio expands.”

Visit our website to sign up for VIVO Cannabis updates: https://www.vivocannabis.com/contact/

About VIVO Cannabis™

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical™, Fireside™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience, as well as a significant customer base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine service. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information visit: www.vivocannabis.com

About Burleigh Heads Cannabis and Cannabis Doctors Australia Clinics

CDA Health Pty Ltd (“CDA”), through its subsidiaries, Burleigh Heads and Cannabis Doctors Australia Pty Ltd, provides a market-entry solution to local and international businesses seeking to gain access to Australia’s medical cannabis market. Burleigh Heads is a fully licensed medical cannabis wholesaler which utilises its secure cold-chain facility on the Gold Coast and national pharmacy partner network to provide local and international producers a streamlined importation and distribution service throughout Australia. CDA also operates CDA Clinics, doctor-led medical cannabis clinics throughout Australia, through its network of physical clinics and TeleHealth consultation services. For more information see: www.burleighheadscannabis.com

Original press release

Published by NCV Newswire
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