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AMP

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uuid003gy11

Namestring
AMP
Legal namestring
AMP Alternative Medical Products GmbH
Websiteurl
amp-eu.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

AMP Alternative Medical Products GmbH is a German medical cannabis importer and wholesale distributor headquartered in Erfurt. The company sources EU-GMP certified cannabis flower and extracts from producers in Canada, the Netherlands, Australia, Denmark, and Austria, and routes them into German pharmacies through a multi-channel go-to-market anchored by an exclusive distribution agreement with CC Pharma, an Aphria subsidiary that reaches more than 13,000 pharmacies across Germany.

The company's core operational assets are its regulatory licenses: a BtMG narcotics import permit, a §52a AMG wholesale authorization, an irradiation license, and EU-GMP certification, together with a proprietary supplier qualification protocol used to onboard international producers. AMP has expanded beyond regulated pharmacy-channel medical cannabis into consumer products through the CANAVEX CBD brand and the HANAFSAN CBD cosmetics line. A national sales team is being built out across all 16 German states to complement wholesale distribution and reduce single-channel dependence.

AMP generates revenue primarily through wholesale gram-level pricing of imported cannabis products to pharmacies (directly and via CC Pharma) and, more recently, through retail and DTC sales of its CANAVEX and HANAFSAN consumer lines. The company also pursues adjacent revenue and ecosystem levers including clinical study partnerships (e.g., WaldhausKlinik) and statutory health insurance reimbursement work for cannabinoid therapy. AMP was taken private in December 2022 through an acquisition by Swiss holding company Essence Investment AG, ending its earlier Canadian dual listing and consolidating ownership under a single strategic investor.

Short descriptiontext

AMP is a German medical cannabis importer and wholesale distributor headquartered in Erfurt that sources EU-GMP certified cannabis from producers in Canada, the Netherlands, Australia, Denmark, and Austria and distributes it to German pharmacies via CC Pharma and its own national sales team.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersErfurt, Germany
HQ citystring
Erfurt
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
medical cannabis import, pharmaceutical distribution, EU-GMP certified cannabis, pharmacy wholesale supply, cannabis import licensing
NAICS code1 code
  • Medicinal and Botanical Manufacturing325411
SIC code2 codes
  • Medicinal Chemicals & Botanical Products2833
  • Wholesale-Drugs, Proprietaries & Druggists' Sundries5122
Product category
Pharmaceutical Distribution
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Medical Cannabis Import and Distribution
TypeTransaction Fee
Description

AMP imports EU-GMP certified medical cannabis products from international suppliers (Canada, Netherlands, Australia, Denmark, Austria) and sells directly to pharmaceutical distributors or pharmacies in Germany. Revenue is generated through product sales at negotiated prices, with distributors handling the 'last mile' delivery to over 13,000 pharmacies across Germany. The company generates revenue from the margin between import purchase price and sale price to distributors/pharmacies.

amp-eu.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1CANAVEX
Description

CBD brand introduced by AMP for distribution through German pharmacies without prescription

amp-eu.com
+1 more record
Core offering1 text field

AMP is a licensed German importer and distributor of EU-GMP certified medical cannabis. The company sources medical cannabis flowers and extracts from international producers in Canada, the Netherlands, Australia, Denmark, and Austria, qualifies and registers the products with German authorities (BfArM), and distributes them to over 13,000 German pharmacies through pharmaceutical wholesalers such as CC Pharma. AMP also markets its own CBD sub-brands CANAVEX and HANAFSAN through German pharmacies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Supplying growing German market projected to exceed 1 million patients by 2024
Product overview1 text field

AMP operates as a licensed German importer and distributor of EU-GMP certified medical cannabis products. The company imports medical cannabis flowers and extracts from international licensed producers (Canada, Netherlands, Denmark, Australia) and distributes them to German pharmacies through distribution partnerships. AMP's portfolio includes proprietary sub-brands CANAVEX (CBD wellness products) and HANAFSAN (CBD cosmetics), alongside branded medical cannabis products from suppliers like Aphria, Bedrocan, Little Green Pharma, and Schroll Medical. The company holds EU-GMP certification and required German import licenses for controlled substances.

Product and service3 records
1Medical Cannabis Import and Distribution
CategoryPharmaceutical Distribution
Description

Import and distribution of EU-GMP certified medical cannabis flowers, extracts, and novel dosage forms sourced from licensed international producers (Canada, Netherlands, Denmark, Australia, Austria). Sold to pharmaceutical wholesalers and pharmacies in Germany for dispensing to patients with medical prescriptions.

2CANAVEX CBD Brand
CategoryCBD Wellness Products
Description

Proprietary CBD wellness brand introduced by AMP for sale through German pharmacies without prescription.

3HANAFSAN CBD Cosmetics
CategoryCBD Cosmetics
Description

Approved CBD cosmetic products distributed in Germany through a supply partnership with Dr. Feurstein Medical Hemp GmbH.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeGTM or Marketing PartnerAnnounced on2021-09-28
Description

AMP became exclusive marketing partner for Tilray/Aphria branded medical cannabis products in Germany for all products imported into or cultivated in Germany. This partnership positions AMP as the exclusive marketing representative for Aphria products in the German market.

2WaldhausKlinik Deuringen
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2021-09-13
Description

Clinical study partnership to investigate the effects of medical cannabis. WaldhausKlinik is a non-profit acute clinic for Internal Medicine in Bavaria (Stadtbergen, Germany).

amp-eu.com
Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2021-05-12
Description

Supply agreement for approved CBD cosmetic products under the HANAFSAN brand for distribution in German pharmacies without prescription. Austrian manufacturer of pharmaceutical CBD hemp products.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2020-11-05
Description

Long-term supply agreement with Danish medical cannabis manufacturer. Denmark is developing pharmaceutical-quality cultivation standards for export to Germany.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2020-10-22
Description

Supply agreement adding medical cannabis extracts from Australian manufacturer Little Green Pharma to AMP's product portfolio.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2020-08-11
Description

Supply agreement for EU-GMP certified medical cannabis flowers from Canada. Eve & Co. operates a 1,000,000 square foot greenhouse facility in Strathroy, Ontario and received EU-GMP certification in March 2020. First large import to Germany expected with 50-100 kg, followed by monthly imports of up to 100 kg starting 2021.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2019-10-15
Description

Non-exclusive 4-year distribution agreement. CC Pharma is a 100% subsidiary of Aphria Inc. and a leading pharmaceutical distributor serving over 13,000 pharmacies across Germany. CC Pharma achieved 2018 revenue of approximately 262 million EUR with EBITDA of approximately 10.5 million EUR. Founded in 1999, employs over 230 people with operations in Germany, Denmark, Poland, and Czech Republic.

8Pure Life Cannabis Corporation
Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2019-02-07
Description

Non-binding MOU for supply of up to 1,200 kg of medical cannabis flowers per year. Pure Life is building a Phase 1 facility with approximately 2,000 kg annual EU-GMP cannabis flower production capacity and 8,000 kg for Canadian market products.

amp-eu.com
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Dutch government-affiliated medical cannabis supplier. AMP imports Bedrocan branded products from the Netherlands. The Office for Medical Cannabis (OMC) manages distribution of medical cannabis products from the Netherlands.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Berlin-based German cannabis company with medical cannabis cultivation and distribution operations. Comparable as a German-focused cannabis company targeting the pharmacy and patient market with similar regulatory profile.

TypeBroad incumbent
Description

Canadian cannabis major with EU-GMP-certified production and European medical cannabis distribution including into Germany. Comparable as a large-scale supplier/competitor in the same cross-border medical cannabis trade.

TypeBroad incumbent
Description

Global cannabis major operating Spectrum Therapeutics in Germany, selling medical cannabis through German pharmacies. Comparable as a large incumbent with overlapping Germany-focused medical cannabis distribution.

TypeDirect peer
Description

German medical cannabis producer and distributor operating under similar EU-GMP and BfArM licensing framework. Directly comparable as a domestic German player in the same medical-cannabis import/distribution and pharmacy supply chain.

TypeDirect peer
Description

German medical cannabis wholesaler supplying pharmacies across Germany. Directly comparable as a licensed importer/wholesaler operating in the same regulatory and customer environment as AMP.

TypeDirect peer
Description

German medical cannabis distributor focused on pharmacy supply and patient services. Comparable as a B2B distributor serving the same regulated German pharmacy channel.

TypeRegional player
Description

Danish medical cannabis producer and distributor supplying European markets including Germany. Comparable as a neighboring EU producer/distributor using similar EU-GMP framework, though operating from a different home geography.

TypeDirect peer
Description

German medical cannabis platform focused on pharmacy distribution and patient access. Comparable business model as a B2B distributor of medical cannabis products to German pharmacies.

TypeBroad incumbent
Description

Major German pharmaceutical company that has entered medical cannabis distribution via partnerships. Comparable as a broad incumbent using existing pharma/pharmacy channels to distribute cannabis products.

TypeBroad incumbent
Description

Global cannabis leader whose Aphria subsidiary owns CC Pharma (AMP's distribution partner) and is itself a major EU-GMP-certified supplier into Germany. Both partner and broad peer through its German medical cannabis footprint.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

AMP

Pharmaceutical Distributionamp-eu.com

AMP is a German medical cannabis importer and wholesale distributor headquartered in Erfurt that sources EU-GMP certified cannabis from producers in Canada, the Netherlands, Australia, Denmark, and Austria and distributes it to German pharmacies via CC Pharma and its own national sales team.

What AMP does

AMP Alternative Medical Products GmbH is a German medical cannabis importer and wholesale distributor headquartered in Erfurt. The company sources EU-GMP certified cannabis flower and extracts from producers in Canada, the Netherlands, Australia, Denmark, and Austria, and routes them into German pharmacies through a multi-channel go-to-market anchored by an exclusive distribution agreement with CC Pharma, an Aphria subsidiary that reaches more than 13,000 pharmacies across Germany.

The company's core operational assets are its regulatory licenses: a BtMG narcotics import permit, a §52a AMG wholesale authorization, an irradiation license, and EU-GMP certification, together with a proprietary supplier qualification protocol used to onboard international producers. AMP has expanded beyond regulated pharmacy-channel medical cannabis into consumer products through the CANAVEX CBD brand and the HANAFSAN CBD cosmetics line. A national sales team is being built out across all 16 German states to complement wholesale distribution and reduce single-channel dependence.

AMP generates revenue primarily through wholesale gram-level pricing of imported cannabis products to pharmacies (directly and via CC Pharma) and, more recently, through retail and DTC sales of its CANAVEX and HANAFSAN consumer lines. The company also pursues adjacent revenue and ecosystem levers including clinical study partnerships (e.g., WaldhausKlinik) and statutory health insurance reimbursement work for cannabinoid therapy. AMP was taken private in December 2022 through an acquisition by Swiss holding company Essence Investment AG, ending its earlier Canadian dual listing and consolidating ownership under a single strategic investor.

AMP firmographics

Firmographics
Name
AMP
Legal name
AMP Alternative Medical Products GmbH
Website
https://amp-eu.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
11–50 employees
Short description
AMP is a German medical cannabis importer and wholesale distributor headquartered in Erfurt that sources EU-GMP certified cannabis from producers in Canada, the Netherlands, Australia, Denmark, and Austria and distributes it to German pharmacies via CC Pharma and its own national sales team.
Ownership category
akta.pro rank

Where AMP is headquartered

Location

Headquarters

HQ city
Erfurt
HQ country
Germany
HQ region
Europe

Offices4 records

Markets served

AMP business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

  1. Medical Cannabis Import and Distribution: AMP imports EU-GMP certified medical cannabis products from international suppliers (Canada, Netherlands, Australia, Denmark, Austria) and sells directly to pharmaceutical distributors or pharmacies in Germany. Revenue is generated through product sales at negotiated prices, with distributors handling the 'last mile' delivery to over 13,000 pharmacies across Germany. The company generates revenue from the margin between import purchase price and sale price to distributors/pharmacies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

AMP product offering

Product offering

Core offering

AMP is a licensed German importer and distributor of EU-GMP certified medical cannabis. The company sources medical cannabis flowers and extracts from international producers in Canada, the Netherlands, Australia, Denmark, and Austria, qualifies and registers the products with German authorities (BfArM), and distributes them to over 13,000 German pharmacies through pharmaceutical wholesalers such as CC Pharma. AMP also markets its own CBD sub-brands CANAVEX and HANAFSAN through German pharmacies.

Product overview

AMP operates as a licensed German importer and distributor of EU-GMP certified medical cannabis products. The company imports medical cannabis flowers and extracts from international licensed producers (Canada, Netherlands, Denmark, Australia) and distributes them to German pharmacies through distribution partnerships. AMP's portfolio includes proprietary sub-brands CANAVEX (CBD wellness products) and HANAFSAN (CBD cosmetics), alongside branded medical cannabis products from suppliers like Aphria, Bedrocan, Little Green Pharma, and Schroll Medical. The company holds EU-GMP certification and required German import licenses for controlled substances.

Differentiator

Problem solved

Functional benefit

Brands

  • CANAVEX: CBD brand introduced by AMP for distribution through German pharmacies without prescription
  • HANAFSAN

Products and services

  • Medical Cannabis Import and Distribution Import and distribution of EU-GMP certified medical cannabis flowers, extracts, and novel dosage forms sourced from licensed international producers (Canada, Netherlands, Denmark, Australia, Austria). Sold to pharmaceutical wholesalers and pharmacies in Germany for dispensing to patients with medical prescriptions.
  • CANAVEX CBD Brand Proprietary CBD wellness brand introduced by AMP for sale through German pharmacies without prescription.
  • HANAFSAN CBD Cosmetics Approved CBD cosmetic products distributed in Germany through a supply partnership with Dr. Feurstein Medical Hemp GmbH.

Quantifiable outcome

  • Supplying growing German market projected to exceed 1 million patients by 2024

Companies that use AMP

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles1 record

AMP technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

AMP partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • Tilray (formerly Aphria)coreGTM or Marketing Partner · 28 September 2021AMP became exclusive marketing partner for Tilray/Aphria branded medical cannabis products in Germany for all products imported into or cultivated in Germany. This partnership positions AMP as the exclusive marketing representative for Aphria products in the German market.
  • WaldhausKlinik DeuringenminorStrategic or Co-development Partner · 13 September 2021Clinical study partnership to investigate the effects of medical cannabis. WaldhausKlinik is a non-profit acute clinic for Internal Medicine in Bavaria (Stadtbergen, Germany).
  • Dr. Feurstein Medical Hemp GmbH (HANAFSAN)minorChannel Partner/ Reseller/ Distributor · 12 May 2021Supply agreement for approved CBD cosmetic products under the HANAFSAN brand for distribution in German pharmacies without prescription. Austrian manufacturer of pharmaceutical CBD hemp products.
  • Schroll Medical ApScoreChannel Partner/ Reseller/ Distributor · 5 November 2020Long-term supply agreement with Danish medical cannabis manufacturer. Denmark is developing pharmaceutical-quality cultivation standards for export to Germany.
  • Little Green PharmaminorChannel Partner/ Reseller/ Distributor · 22 October 2020Supply agreement adding medical cannabis extracts from Australian manufacturer Little Green Pharma to AMP's product portfolio.
  • Eve & Co.coreChannel Partner/ Reseller/ Distributor · 11 August 2020Supply agreement for EU-GMP certified medical cannabis flowers from Canada. Eve & Co. operates a 1,000,000 square foot greenhouse facility in Strathroy, Ontario and received EU-GMP certification in March 2020. First large import to Germany expected with 50-100 kg, followed by monthly imports of up to 100 kg starting 2021.
  • CC Pharma GmbHcoreChannel Partner/ Reseller/ Distributor · 15 October 2019Non-exclusive 4-year distribution agreement. CC Pharma is a 100% subsidiary of Aphria Inc. and a leading pharmaceutical distributor serving over 13,000 pharmacies across Germany. CC Pharma achieved 2018 revenue of approximately 262 million EUR with EBITDA of approximately 10.5 million EUR. Founded in 1999, employs over 230 people with operations in Germany, Denmark, Poland, and Czech Republic.
  • Pure Life Cannabis CorporationminorChannel Partner/ Reseller/ Distributor · 7 February 2019Non-binding MOU for supply of up to 1,200 kg of medical cannabis flowers per year. Pure Life is building a Phase 1 facility with approximately 2,000 kg annual EU-GMP cannabis flower production capacity and 8,000 kg for Canadian market products.
  • Bedrocan InternationalcoreChannel Partner/ Reseller/ DistributorDutch government-affiliated medical cannabis supplier. AMP imports Bedrocan branded products from the Netherlands. The Office for Medical Cannabis (OMC) manages distribution of medical cannabis products from the Netherlands.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

AMP competitors and assessment

Company assessment

Direct peers

  • Sanity Group: Berlin-based German cannabis company with medical cannabis cultivation and distribution operations. Comparable as a German-focused cannabis company targeting the pharmacy and patient market with similar regulatory profile.
  • Demecan: German medical cannabis producer and distributor operating under similar EU-GMP and BfArM licensing framework. Directly comparable as a domestic German player in the same medical-cannabis import/distribution and pharmacy supply chain.
  • Cannamedical Pharma: German medical cannabis wholesaler supplying pharmacies across Germany. Directly comparable as a licensed importer/wholesaler operating in the same regulatory and customer environment as AMP.
  • CannaCare Health: German medical cannabis distributor focused on pharmacy supply and patient services. Comparable as a B2B distributor serving the same regulated German pharmacy channel.
  • Bloomwell Group: German medical cannabis platform focused on pharmacy distribution and patient access. Comparable business model as a B2B distributor of medical cannabis products to German pharmacies.

Broad incumbents

  • Aurora Cannabis: Canadian cannabis major with EU-GMP-certified production and European medical cannabis distribution including into Germany. Comparable as a large-scale supplier/competitor in the same cross-border medical cannabis trade.
  • Canopy Growth: Global cannabis major operating Spectrum Therapeutics in Germany, selling medical cannabis through German pharmacies. Comparable as a large incumbent with overlapping Germany-focused medical cannabis distribution.
  • STADA Arzneimittel AG: Major German pharmaceutical company that has entered medical cannabis distribution via partnerships. Comparable as a broad incumbent using existing pharma/pharmacy channels to distribute cannabis products.
  • Tilray Brands: Global cannabis leader whose Aphria subsidiary owns CC Pharma (AMP's distribution partner) and is itself a major EU-GMP-certified supplier into Germany. Both partner and broad peer through its German medical cannabis footprint.

Regional players

  • Stenocare: Danish medical cannabis producer and distributor supplying European markets including Germany. Comparable as a neighboring EU producer/distributor using similar EU-GMP framework, though operating from a different home geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

AMP social profiles

Digital presence

AMP compliance and trust

Trust signal

Compliance5 records

AMP financial estimates

Financial estimate

Revenue estimate

Valuation estimate

AMP leadership team

Management profile

Number of profiles

Profiles8 records

AMP funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

AMP M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AMP

What does AMP do?

AMP is a licensed German importer and distributor of EU-GMP certified medical cannabis. The company sources medical cannabis flowers and extracts from international producers in Canada, the Netherlands, Australia, Denmark, and Austria, qualifies and registers the products with German authorities (BfArM), and distributes them to over 13,000 German pharmacies through pharmaceutical wholesalers such as CC Pharma. AMP also markets its own CBD sub-brands CANAVEX and HANAFSAN through German pharmacies.

Is AMP a public or private company?

AMP is a private company. It is classified as corporate owned and is currently operating.

When was AMP founded?

AMP was founded in 2019. It employs 11 to 50 people.

Where is AMP based?

AMP is headquartered in Erfurt, Germany, in the Europe region.

How does AMP make money?

One revenue line is on record: medical Cannabis Import and Distribution.

Who are AMP's main competitors?

Direct peers on record are Sanity Group, Demecan, Cannamedical Pharma, CannaCare Health and Bloomwell Group. Broad incumbents are Aurora Cannabis, Canopy Growth, STADA Arzneimittel AG and Tilray Brands. Stenocare is listed as a regional player.

Does AMP have an API?

No public API is recorded for AMP.

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Live signals
PR NewswireEssence Investment Acquires AMP Alternative Medical Products GmbHEssence Investment AG completed the acquisition of a 100% stake in AMP Alternative Medical Products GmbH, a German-licensed medical cannabis importer and distributor. The transaction aims to integrate AMP's distribution network with Essence's Swiss-based production assets, Marry Jane AG and Swiss Extract AG, to expand their presence in the German medical cannabis market.PR NewswireAMP bringt zugelassene CBD-Kosmetikprodukte der Marke HANAFSAN in Deutschland auf den MarktAMP Alternative Medical Products Inc. and Dr. Feurstein Medical Hemp GmbH (HANAFSAN) signed a supply agreement to import and distribute certified CBD hemp cosmetic products in Germany, with sales through German pharmacies beginning mid-May 2021. The products are manufactured in Austria in an EU-GMP-compliant facility using organically grown European hemp. AMP's management expects revenues from CBD medical and consumer products in Germany to grow exponentially from this year onward.PR NewswireAMP German Cannabis Group unterzeichnet Vertriebsabkommen mit CC Pharma, einer 100-Prozent-Tochtergesellschaft von Aphria Inc. und einem führenden Vertriebshändler von pharmazeutischem und medizinischAMP German Cannabis Group Inc. signed a four-year non-exclusive distribution agreement with CC Pharma GmbH to supply EU-GMP certified medical cannabis products imported from Canada to the German market, with deliveries expected to begin mid-2020 pending regulatory approvals including a narcotics import license. CC Pharma, a subsidiary of Aphria Inc., operates as a leading distributor serving over 13,000 pharmacies across Germany and holds 318 active German and 692 EU pharmacy licenses. The partnership positions AMP as a potential significant importer of medical cannabis into Germany, where currently only three Canadian and one Dutch manufacturer supply the market in meaningful quantities.PR NewswireAMP German Cannabis Group unterzeichnet nicht verbindliche Liefervereinbarung für den Import von medizinischem Cannabis mit EU-GMP­-Zertifizierung nach DeutschlandAMP German Cannabis Group Inc. signed a non-binding Letter of Intent to purchase up to 1,200 kilograms of EU-GMP-certified medical cannabis flowers annually from a licensed producer in Alberta, Canada. The agreement is conditional upon the Alberta producer obtaining both a distribution license from Health Canada and EU-GMP certification from German regulatory authorities before exports to Germany can commence. CEO Alex Blodgett noted this as AMP's second such supply agreement with an Alberta-based producer, with the company expecting to finalize additional supply contracts and receive its own import authorization for narcotics by year-end.PR NewswireAMP German Cannabis Group beginnt mit dem Handel an der CSE und meldet Investitionspolitik, die auf die medizinische Cannabisindustrie in Europa fokussiert istAMP German Cannabis Group Inc. began trading on the Canadian Securities Exchange on September 4, 2019, after delisting from the TSX Venture Exchange, and announced an updated investment policy focused on supplying Germany with EU-GMP certified medical cannabis from Canada. The company's portfolio includes AMP Germany, which plans to become a major importer of EU-GMP compliant medical cannabis from Health Canada-licensed producers, and AMP Switzerland, which will develop contracts for Swiss-grown cannabis supply. Management estimates the German medical cannabis market could reach 9 billion CAD by 2028.PR NewswireUpdate on Chinook's Investments in GermanyChinook Tyee Industry Limited issued an update on its European investments, primarily through subsidiary AMP Alternative Medical Products GmbH, a biopharma company that sources and distributes EU-GMP medical cannabis to pharmacists in Germany. The company reports net investment assets of over $2.0 million as of September 30, 2018, and AMP raised $500,000 in Series A and B equity and convertible debt financings during 2018. Market analysts Prohibition Partners project that Europe's three largest medical cannabis markets could double in size in 2019, with AMP planning to develop its own medical cannabis strains by 2021.PR NewswireChinook subsidiary, AMP Alternative Medical Products, receives €500,000 Series B financing to fund its medical cannabis business in GermanyChinook Tyee Industry Limited's wholly-owned German subsidiary AMP Alternative Medical Products GmbH has entered into a €500,000 Series B drawdown loan facility with Taiga Atlas plc. AMP, a German biopharmaceutical company developing medical cannabis formulations and dose delivery systems, will use the proceeds to build out its German sales and distribution supply chain and assist Canadian licensed producers in obtaining EU-GMP certification for exporting medical cannabis to Germany. The company expects to enter into supply agreements with several Canadian LPs and anticipates developing its own medical cannabis strains by 2021 in collaboration with German patients, doctors, and pharmacists.