Dutch medical cannabis shipments to Germany have partially been restored after a short delay, and a few German wholesalers began receiving flower deliveries in latest days, Marijuana Business Daily has discovered.
MJBizDaily confirmed that not less than three German wholesalers – purchasers of the Dutch Office of Medicinal Cannabis (OMC) – acquired their June order on the finish of final week or to date this week.
On June 11, the OMC stated the order may very well be delayed up to six weeks “due to additional testing.”
Because of the massive dependency on Dutch flower, there was a looming risk of supply interruption, however to date, MJBizDaily hasn’t seen any significant shortages among the many pharmacies we repeatedly survey.
In an e-mail to MJBizDaily, the OMC famous that the June orders are actually being shipped in phases.
All of Germany’s flower supply for pharmacy allotting is grown for now in Canada, the Netherlands and Portugal.
Despite the shortage of supply diversification, the supply chain and inventory ranges are extra strong than in earlier years.
“Although we were aware of market concern about the delay, we never feared there would be a significant impact,” Nick Pateras, managing director of Europe for London-based Materia Ventures – which owns a German wholesaler – instructed MJBizDaily.
“In fact, we have already received our shipment and have experienced no disruption in our sales to pharmacies.”
Clifford Starke, CEO of Franchise Cannabis, a Toronto-based, European-focused marijuana firm that owns two German wholesalers, confirmed to MJBizDaily that Phatebo, one of many Franchise Cannabis German subsidiaries, acquired its June order final week. The order consisted solely of the Bedrocan cultivar flower.
Franchise’s different German wholesaler, ACA Müller GmbH, continues to be ready for its June cargo, which is anticipated subsequent week, Starke stated.
Many different German purchasers of the Dutch authorities are nonetheless awaiting their June cargo.
June shipments may overlap with July orders for some wholesalers – or come shut to it.
For July, the OMC emailed its German purchasers, providing every up to three kilograms (6.6 kilos) of flower, Marijuana Business Daily has discovered.
That’s lower than the June or May orders, which have been up to 5 kilograms, and a problem for German wholesalers that rely solely on Dutch supply.
The discount signifies both that the OMC is taking new purchasers – which might imply the variety of German wholesalers distributing Dutch product surpassed 65 – or that the company doesn’t have sufficient inventory for the roughly 40 present purchasers and is lowering the quantity obtainable.
“Germany today is struggling with EU-Good Manufacturing Practice flower supply issues, but that should be sorted in coming quarters as facilities in countries like Portugal come online,” Starke instructed MJBizDaily.
“It will be increasingly hard for Canadian facilities to be competitive supplying the European market,” he stated.
Alfredo Pascual could be reached at [email protected]