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TGOD Strikes Distribution Deal to Launch Hemp CBD Brand in Germany

ME Staff

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) has signed a distribution agreement with Mediakos UG haftungsbeschraenkt to launch its premium hemp CBD brand CannabiGold in Germany.

Under the agreement signed by TGOD subsidiary HemPoland, Mediakos will be the exclusive distributor of CannabiGold in the German market.

Mediakos, spun out of Aponeo.de, is managed by a team of seasoned industry executives with expertise in marketing and distribution of health and wellness products. It currently distributes products to a network of more than 15,000 pharmacies.

Mediakos UG haftungsbeschränkt is a leading pharmaceutical distributor based in Germany that specializes in developing, registering, fulfilling, marketing, and positioning health related products and brands within the German pharmacy market. With its network and solid expertise, Mediakos has strong relationships and partnerships with some of Europe’s largest online pharmacies, as well as large distributors and wholesalers. It can capitalize on more than 10 million customers and 15,000 pharmacies.

Germany An Important Market for TGOD

Mississauga, Canada-based TGOD sees Germany as an important market for its cannabis products.

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“With a population of over 82 million, Germany plays a pivotal role in TGOD’s international expansion strategy,” Brian Athaide, the CEO of TGOD, stated. He wants to make CannabiGold as “a leading brand within the European market.”

As part of the distribution agreement, CannabiGold products will be available in pharmacies across Germany as well as through their respective e-commerce platforms, including Germany’s 10 largest online pharmacies.

“With CBD quickly gaining popularity in Germany, we are proud to be partnering with TGOD’s HemPoland as the exclusive distributor of their CannabiGold brand for the German pharmacy market,” Mediakos CEO Nikolas Primbas stated.

The post TGOD Strikes Distribution Deal to Launch Hemp CBD Brand in Germany appeared first on Market Exclusive.