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HEALTHCARE | Pharmaceuticals / Drugs
cannamedical.com

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Founded Year

2016

Stage

Series B | Alive

Total Raised

$30.18M

Last Raised

$13.05M | 2 yrs ago

About Cannamedical

Cannamedical is a pharmaceutical wholesale company that offers cannabis-based drugs.

Cannamedical Headquarter Location

Im Mediapark 8

Cologne, 50670,

Germany

+49 221 999 852-00

Latest Cannamedical News

New medical cannabis product recall in Germany

Sep 17, 2020

Published 4 hours ago | By Alfredo Pascual Cologne, Germany-based Cannamedical is recalling a batch of cannabis flower after contamination above acceptable levels was detected, Marijuana Business Daily has learned. This is at least the third cannabis recall this summer in Germany . “On Tuesday, Cannamedical voluntarily started a recall of one batch of flower of our ‘Sativa’ variety because contamination has been detected by two of our pharmacy clients as well as in some product containers reviewed by our quality assurance team,” David Henn, CEO of the German independent wholesaler, told MJBizDaily. According to Henn, the products were sold to pharmacies between July 21 and Aug. 29. The batch number is CMMA20FSSM071456. “We have informed our respective authorities and made the mandatory announcement to the Drug Commission of German Pharmacists (AMK),” the CEO said. “We take this very seriously as we aim to ensure the biggest possible quality for our patients at all time.” Pharmacies are encouraged to inform Cannamedical of any product they might have of the affected batch. The distributor will then pick up the affected products and provide replacements. While Henn recognized the event would be expensive for the company, he told Marijuana Business Daily that “it is for things like these that we have strict guidelines which, as expected, resulted in a quick and simple recall and replacement campaign with our clients.” The flower affected was imported from Canada and produced in a European Union-Good Manufacturing Practice-certified facility, Henn said. The Canadian producer was not identified. Unlike most flower available in the German market, Cannamedical flower imports from Canada are not irradiated to reduce contamination. “We believe non-irradiated flower is an important differentiator in this market,” Henn said. “We have trained our suppliers to produce in accordance with the German requirements and are continuously exploring ways to lower the chances of possible recalls.” Alfredo Pascual can be reached at  [email protected] Stay Informed

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Research containing Cannamedical

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cannamedical in 1 CB Insights research brief, most recently on Jun 14, 2019.

Expert Collections containing Cannamedical

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cannamedical is included in 2 Expert Collections, including Cannabis.

C

Cannabis

3,619 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

B

Biopharmaceuticals

5,882 items

Companies involved in the research, development, and commercialization of chemically- or biologically-derived therapeutic & theranostic drugs. Excludes vitamins/supplements, CROs/clinical trial services.

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