logo-loader
HealthCannabis
viewICC International Cannabis Corp.

ICC International Cannabis says first purchase order is ‘significant milestone’

The marijuana producer plans to market and sell its products in the 28 countries of the EU, which has a total population of 500 million

A woman holding a marijuana plant
ICC plans to fill its first order during the first quarter of 2019 and expects other orders throughout the year

European-focused cannabis producer ICC International Cannabis Corp (CSE:WRLD, OTC:KNHBF) said Wednesday that it has received its first purchase order and called it a “significant milestone.”

The order is for 10,000 milliliters of tetrahydrocannabinol (THC) cannabis oil, 5,000 grams of dried cannabis flower and 5,000 milliliters of cannabidiol (CBD) oil, the Vancouver-based company said in a press release.

READ:  ICC International Cannabis partners with Amercanex parent on globe's first cannabis market digital platform

ICC plans to fill the order during the first quarter of 2019 and expects other orders throughout the year. The company plans to market and sell its products in the 28 countries of the European Union, which has a total population of 500 million.

ICC plans to draw on Cosmos Holdings Inc.'s (OTCMKTS:COSM) distribution network, representing 35,000 pharmacies.

READ: Cosmos Holdings reports strong 2Q results thanks to booming pharmaceutical sales

"The receipt of this purchase order is a significant milestone for ICC,” said Eugene Beukman, CEO and a director of ICC, in a statement.

Shares of ICC were unchanged at $0.62 in Wednesday midday trading on the Canadian Securities Exchange.

Quick facts: ICC International Cannabis Corp.

Price: 0.035 USD

CSE:WRLD.U
Market: CSE
Market Cap: $23.38 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of ICC International Cannabis Corp. named herein, including the promotion by the Company of ICC International Cannabis Corp. in any Content on the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

ICC preparing to be a major player in the European Cannabis market

International Cannabis Corp (CSE: WRLD-FSE: 8K51-OTC Pink: WLDCF) new CEO David Shpilt sat down with Steve Darling from Proactive Investors Vancouver to talk about his new job and how his background gives him an advantage in his new role. Shplit also talked about ICC's, move into Europe...

on 26/7/19

2 min read