Scoop Business

Medleaf gets green light in partnership with Creso Pharma

Thursday, 8 August 2019, 2:53 pm
Press Release: Medleaf

New Zealand medical cannabis company Medleaf Therapeutics gets the green light in partnership with Creso Pharma

Medleaf and Creso Pharma have signed a comprehensive Distribution Agreement, enabling kiwis to gain access to affordable, high quality, broad spectrum, GMP products.

Now available to the New Zealand market by GP prescription is cannaQIX 50, Creso Pharma’s proprietary buccally formulated cannabidiol (CBD) lozenge.

Medleaf are proud to be the first New Zealand medical cannabis company to successfully import product since legislation allowed.

Medleaf is pleased to announce the signing of a comprehensive Distribution Agreement with global partner Creso Pharma Limited (ASX:CPH) for the exclusive distribution of Creso’s cannaQIX 50 and 10% CBD Oil, which can be prescribed by local GP’s in New Zealand.

The Agreement, effective until 31 December 2022, emphasises building a constructive cannabis business in New Zealand and will provide further access to Creso’s increasing range of medicinal cannabis products.

Courtney Letica, CEO of Medleaf said, “Our ultimate aim is to develop a world class, New Zealand-based cannabis business with leading research and development, cultivation, extraction and product development capabilities.

After three years of patient advocacy, Medleaf Therapeutics is proud to leverage this great relationship with Creso Pharma to bring greater choice to New Zealanders. With the environmentally sustainable, outdoor sun-grown crops from PharmaCielo and great product development of Creso Pharma, this partnership will see an opportunity for New Zealanders to gain access to affordable, highest quality, broad spectrum, GMP products.”

Advertisement - scroll to continue reading

Dr. Miri Halperin Wernli, Creso Pharma’s CEO and co-founder also expects the partnership to result in a wide span of new opportunities.

“The evolving regulatory situation in New Zealand is providing a solid foundation on which to build this close relationship with Medleaf. We’re pleased with our progress to date and encouraged to see a wide range of new opportunities opening up to bring life-improving products to patients in New Zealand”.

Medleaf shares the vision and values of it’s trusted and experienced global partner, Creso Pharma. Together, the partnership will quickly broaden the range of affordable medical cannabis products in New Zealand.

Advertisement - scroll to continue reading

Did you know Scoop has an Ethical Paywall?

If you're using Scoop for work, your organisation needs to pay a small license fee with Scoop Pro. We think that's fair, because your organisation is benefiting from using our news resources. In return, we'll also give your team access to pro news tools and keep Scoop free for personal use, because public access to news is important!

Go to Scoop Pro Find out more

Find more from Medleaf on InfoPages.

Business Headlines | Sci-Tech Headlines

BUSINESS, SCIENCE & TECH

Reserve Bank: Consultation Opens On A Digital Currency For New Zealand

Te Pūtea Matua is continuing its exploration of a central bank digital currency. “We are calling this ’digital cash’. It would be a new type of money in addition to the banknotes and coins we have today, and the electronic money in your bank account,” Director of Money and Cash – Tari Moni Whai Take Ian Woolford says.

NIWA: Ship Anchors May Cause Extensive And Long-lasting Damage To The Seafloor, According To New Research

NIWA anchored their research vessel in Wellington Harbour and observed in real-time how its anchor changed the surrounding environment. Study leader NIWA geophysicist Dr Sally Watson says they saw broomstick-like scarring on the seabed.

New Zealand Customs Service: A Step Forward For Simpler Trade Between New Zealand And Singapore

The New Zealand Customs Service has signed an arrangement with Singapore that will help to make trade simpler for exporters. The Arrangement on Facilitating Safe and Efficient Trade sets out a framework for developing and strengthening practical cooperation on trade and the use of emerging technology.

Horizon Research: 68% Say Make Banks Offer Fraud Protection

68% (2,785,000 adults) believe the government should regulate to make sure banks offer fraud and cybercrime protection to customers. These are among findings of a new study, conducted in the public interest by Horizon Research, on bank fraud and cybercrime.

NZ Banking Association: Banks Seek Government Support For Anti-Scam Centre

The banking industry has asked the government to support a New Zealand Anti-Scam Centre, as part of a response to recent ministerial requests on scam prevention. In a letter to commerce and consumer affairs minister Andrew Bayly, New Zealand Banking Association chief executive Roger Beaumont asked the government to consider leading scam prevention in New Zealand.

National Road Carriers: Praises NZTA State Highway Investment Proposal Turnaround

NZTA released its State Highway Investment Proposal (SHIP) on Friday 12 April in response to the draft GPS that set out plans for 15 Roads of National Significance (RoNS) released by Transport Minister Simeon Brown on 6 March.

Join Scoop Pro

Submit News

Become a Member