CannapharmaRx to Complete Additional Shipment in November
CannaPharmaRx (OTC PINK:CPMD) reports continued progress at its Cremona, Alberta facility with uninterrupted cannabis cultivation despite CEO Dean Medwid's resignation in September. The company has completed two shipments to Israel and is preparing a third shipment of approximately 300 kg at CAD 2.10 per gram. An additional 250 kg order for Israel is scheduled for delivery this quarter. CannaPharmaRx expects regular orders and shipments throughout 2025, projecting significant revenue growth. The company is also in preliminary discussions with European companies to expand its international distribution network.
CannaPharmaRx (OTC PINK:CPMD) riporta progressi continui presso la sua struttura di Cremona, Alberta, con una coltivazione di cannabis ininterrotta nonostante le dimissioni del CEO Dean Medwid a settembre. L'azienda ha completato due spedizioni verso Israele e sta preparando una terza spedizione di circa 300 kg a 2,10 CAD per grammo. Un ulteriore ordine di 250 kg per Israele 猫 programmato per la consegna in questo trimestre. CannaPharmaRx si aspetta ordini e spedizioni regolari per tutto il 2025, prevedendo una crescita significativa dei ricavi. L'azienda 猫 anche in discussioni preliminari con aziende europee per espandere la propria rete di distribuzione internazionale.
CannaPharmaRx (OTC PINK:CPMD) informa sobre un progreso continuo en su instalaci贸n de Cremona, Alberta, con un cultivo de cannabis ininterrumpido a pesar de la renuncia del CEO Dean Medwid en septiembre. La empresa ha completado dos env铆os a Israel y se est谩 preparando para un tercer env铆o de aproximadamente 300 kg a 2,10 CAD por gramo. Un pedido adicional de 250 kg para Israel est谩 programado para entrega en este trimestre. CannaPharmaRx espera realizar pedidos y env铆os regulares a lo largo de 2025, proyectando un crecimiento significativo en los ingresos. La empresa tambi茅n est谩 en discusiones preliminares con empresas europeas para expandir su red de distribuci贸n internacional.
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CannaPharmaRx (OTC PINK:CPMD) fait 茅tat de progr猫s continus dans son installation de Cremona, Alberta, avec une culture de cannabis ininterrompue en d茅pit de la d茅mission du PDG Dean Medwid en septembre. L'entreprise a compl茅t茅 deux exp茅ditions vers Isra毛l et pr茅pare une troisi猫me exp茅dition d'environ 300 kg au prix de 2,10 CAD par gramme. Une commande suppl茅mentaire de 250 kg pour Isra毛l est pr茅vue pour une livraison ce trimestre. CannaPharmaRx s'attend 脿 des commandes et des exp茅ditions r茅guli猫res tout au long de 2025, pr茅voyant une croissance significative des revenus. L'entreprise est 茅galement en discussions pr茅liminaires avec des soci茅t茅s europ茅ennes pour 茅largir son r茅seau de distribution international.
CannaPharmaRx (OTC PINK:CPMD) berichtet von fortw盲hrendem Fortschritt in seiner Anlage in Cremona, Alberta, mit ununterbrochener Cannabisproduktion trotz des R眉cktritts von CEO Dean Medwid im September. Das Unternehmen hat zwei Lieferungen nach Israel abgeschlossen und bereitet eine dritte Lieferung von etwa 300 kg zu 2,10 CAD pro Gramm vor. Eine zus盲tzliche Bestellung von 250 kg f眉r Israel ist f眉r die Lieferung in diesem Quartal geplant. CannaPharmaRx erwartet regelm盲脽ige Bestellungen und Lieferungen bis 2025 und prognostiziert ein signifikantes Umsatzwachstum. Das Unternehmen f眉hrt zudem erste Gespr盲che mit europ盲ischen Firmen, um sein internationales Vertriebsnetz zu erweitern.
- Successfully completed two shipments to Israel
- Secured new order for 250 kg shipment to Israel
- Third shipment of 300 kg in preparation at CAD 2.10 per gram
- Operations continued uninterrupted despite CEO resignation
- Expanding international market presence through discussions with European companies
- Recent CEO resignation indicates management instability
CALGARY, AB / ACCESSWIRE / November 5, 2024 / CannaPharmaRX, Inc. (OTC PINK:CPMD), a future leader in cutting-edge, highly efficient cannabis production, is pleased to announce continued progress at its Cremona, Alberta facility, where cannabis cultivation remains on track according to the company's annual plan. Following the resignation of CEO Dean Medwid in early September, the company has been able to maintain uninterrupted operations while fulfilling and delivering its orders.
Recent Shipments to Israel
CannaPharmaRx has completed two shipments of its products to purchasers in Israel. A third shipment of approximately 300 kg is currently in the final stages of preparation and is expected to be dispatched in the near term. The average price for the third shipment is projected at CAD 2.10 per gram, with final pricing based on batch quality and THC results.
Additionally, an order for a shipment of 250 kg of company product to Israel has been received and is scheduled for delivery during the current quarter.
The company anticipates a regular cadence of orders and shipments during 2025 resulting in significant revenue growth next year.
Following the successful launch of the company's products in Israel, CannaPharmaRx is in preliminary discussions with companies in Europe and elsewhere internationally to increase the distribution of our products and to establish a global presence.
Contact:
Company: CannapharmaRx
Name: Constanitne Nkafu
Website:
Phone: 403-637-0420
Mail: [email protected]
SOURCE: CannaPharmaRx
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