EQS-News

Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance. Exclusive partnership with some of the largest agricultural companies in Germany

EQS-News: Cannovum Cannabis AG / Key word(s): Expansion/Joint Venture Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance. Exclusive partnership with some of the largest agricultural companies in Germany 05.03.2024 / 09:30 CET/CEST The issuer is solely responsible for the content of this announcement. Cannovum Cannabis AG: Areas for more than 500 cannabis clubs are available in the cultivation alliance. Exclusive partnership with some of the largest agricultural companies in Germany.

 

Cannovum Cannabis AG (stock exchanges Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin, gettex: ISIN DE000A37FUP2) welcomes the legalization of cannabis passed by the Bundestag. With the upcoming cannabis clubs, Cannovum Cannabis AG intends to generate significant revenues and create significant added value for shareholders and society.

 

Exclusive cultivation areas and services are already available for more than 500 cannabis clubs. The subsidiary of Cannovum Cannabis AG, Anbau-Allianz für Deutschland GmbH, offers an unrivaled service in a unique and exclusive partnership with large, regional horticultural and agricultural companies in Germany. The clubs pay an all-inclusive monthly rental and service fee. The partners of the cultivation alliance manage more than 16.5 hectares of greenhouses, 100 hectares of open space and 2,000 hectares of agriculture throughout Germany.

 

Commercial product range for cannabis clubs

 

This innovative product range provides cannabis clubs with high-quality cultivation areas in existing facilities. The areas are equipped with professional equipment and offer the highest safety precautions. This enables clubs to ensure the safe and regulated cultivation of recreational cannabis in accordance with the legal framework. In return, the clubs pay a monthly fee to Anbau-Allianz für Deutschland GmbH.