Evogene’s Canonic Ships First Batch Of Unique Cannabis Varieties To Europe

Medical grade cannabis products developer Canonic Ltd. and a subsidiary of Evogene Ltd. EVGN (TASE: EVGN), has shipped the first batch of its unique cannabis varieties to Portugal, following approval to export from the Israeli Ministry of Health and Ministry of Agriculture.

As part of its preparations for the planned 2023 commercial launch in Europe, Canonic expects to enter commercial agreements with local growers and manufacturers and will work to obtain required regulatory approvals. To this end, the varieties shipped are intended to be grown on a semi-commercial scale for lab testing and regulatory examinations, as required by European regulation.

Recently, Canonic reported positive results in pre-clinical studies in inflammatory and pain model systems. The study was conducted in Israel’s Hadassah Medical Center and the Migal – Galilee Research Institute in Kiryat Shmona.

The results confirmed the identification of specific cannabis varieties with heightened anti-inflammatory and pain relief properties for Canonic’s medical cannabis Precise product line and have led to a patent application filing.

More recent news from Evogene:

Evogene’s Canonic Launches First Two Medical Cannabis Products In Israel Ahead Of Schedule

Canonic Announces Pre-Launch of Medical Cannabis Products in Israel

Price Action

Evogene shares traded 3.10% higher at $1.33 per share during Monday’s pre-market session.

Photo: Courtesy of Avery Meeker on Unsplash

If you are not using this trading strategy, you are leaving money on the table…

If you are blindly looking up and trading stocks the way 99% of traders are, you are missing on HUGE potential returns. Even new traders who started following this option trading strategy instantly began seeing returns they wouldn’t have had otherwise. With even two trades per month with this strategy, you will start seeing the difference in your trading account. Don’t waste any more time “guessing” and “getting lucky”. Click Here to See if you Qualify for Benzinga Options!


For today only, we are gifting away ur Benzinga Options Starter newsletter for only $7. This includes two heavily researched trades per month from lead

trader, Nic Chahine. For the same cost of a cup of coffee, less than the cost of a Netflix subscription and less than the average order at McDonalds you will receive top tier education and winning trade alerts to maximize your portfolio returns. This also includes a 14 day full money-back guarantee if you cancel. There is absolutely no risk!  Click Here Now to Get Started! 



Source link

Leave a Reply

Your email address will not be published.