Australian Natural Therapeutics Group (ANTG) has announced a partnership with New Zealand medicinal cannabis distributor NUBU Pharmaceuticals which will see locally cultivated and dried flower shipped to NZ in the second half of the year, with oils to follow.
ANTG CEO Matthew Cantelo: poised to export flower to New Zealand
ANTG CEO Matthew Cantelo said the deal positioned the company to become the first to legally sell flower in New Zealand: “This landmark deal means ANTG will be the first Australian flower imported into New Zealand, and potentially, the first company to legally sell flower in New Zealand.”
He added: “NUBU has spent the last five years building a distribution network that now reaches every pharmacy in New Zealand, which means our Kiwi neighbours… will have access to the highest quality Australian flower while their home-grown cultivation industry starts producing.”
However, he stressed ANTG products will be made available to Australian patients “first and foremost”.
NUBU Pharmaceuticals CEO Mark Dye said the agreement will be beneficial for both countries: “ANTG are very much leading the Australasian cannabis industry. We are over the moon to have them as a distribution partner and an investor, and can’t wait to make ANTG product available to patients locally.”