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Medical cannabis companies could raid Malta to fuel European expansion
International medical cannabis firms are planning to stampede Malta to set up shop in the island nation's recently regulated market. Due to Malta's small size, the companies are likely to fuel European expansion as the continent is seen to be opening up soon.
Mera signs supply agreement with German distributor
German distributor HerbaMedica has agreed to purchase up to 600 kg of dried cannabis annually from Mera Cannabis for a term of two years. Mera is setting up its operations in Malta this year, looking at the island nation as a key player in its expansion strategy.