CannapharmaRx Continues into New European Market with First Shipment Completed to Germany

CannaPharmaRX, Inc. (OTC PINK:CPMD), a future leader in cannabis cultivation, is pleased to share recent updates, including its latest cultivation activities and sales achievements.

Successful Shipments to Israel and Germany
To date, the Company has successfully completed four shipments to Israel and one to Germany. Customer satisfaction with our proprietary strains remains high, and we are seeing strong demand for continued shipments in 2025.

Below is a summary of shipment volumes and average pricing:
– First Shipment to Israel (2024) – 150 Kg – Avg. price: 1.20 CAD/gram
– Second Shipment to Israel (2024) – 150 Kg – Avg. price: 1.57 CAD/gram
– Third Shipment to Israel (Jan 2025) – 245.7 Kg – Avg. price: 1.83 CAD/gram
– Fourth Shipment to Israel (April 2025) – 118.667 Kg – Avg. price: 1.90 CAD/gram
– First Shipment to Germany (March 2025) – 227.5 Kg – Avg. price: 1.94 CAD/gram

Additionally, the Company acted as an intermediary for other Canadian growers, facilitating deliveries to Israeli clients. This included 54.26 Kg in the third shipment and 73.17 Kg in the fourth. This new revenue stream reinforces the Company’s role as a key international hub, offering access to the German market for producers who may not have direct entry themselves.

Upcoming Shipments to Germany
The Company plans to make a second shipment to Germany in June, estimated at approximately 241 Kg. The anticipated pricing is 1.82 CAD/gram for product with less than 21% THC and 2.04 CAD/gram for product with more than 21% THC.

Ongoing Cannabis Cultivation
The Company is currently cultivating only 5 out of the existing 10 rooms. Additional capital expenditures are planned for 2025 to turn on the remaining 5 rooms and to add a new drying room to accommodate.

The Company also notes that, following changes to the growing method and post-harvest process to produce higher-quality products, it expects each grow room to yield approximately 60-80 Kg per month, with an average monthly forecast of 150 Kg and estimated sales in excess of CAD$300,000 per month.

Cautionary Note Regarding Forward-Looking Information or Statements

This press release contains forward-looking information or statements. All statements that are or information which is not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance, are ‘forward-looking information or statements.’ Forward-looking information or statements can be identified by the use of words such as ‘plans,’ ‘expects,’ or ‘does not expect,’ ‘is expected,’ ‘estimates,’ ‘intends,’ ‘anticipates,’ or ‘does not anticipate,’ or ‘believes,’ or variations of such words and phrases or statements that certain actions, events or results ‘may,’ ‘could,’ ‘would,’ ‘might’ or ‘will’ be taken, occur or be achieved. With respect to forward-looking information and statements contained herein, Management of CannapharmaRx has made numerous assumptions, including, among other things, assumptions about general business and economic conditions. Such forward-looking statements are based on assumptions and involve known and unknown risks, uncertainties, and other factors that may cause actual results, events, or developments to be materially different from any future results, events, or developments expressed or implied by such forward-looking information or statements. Readers are cautioned not to place undue reliance on such forward-looking information or statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking information or statements. CannapharmaRx assumes no obligation to update any forward-looking information or statements, even if new information becomes available as a result of future events, new information, or for any other reason except as required by law.

View the original press release on accesswire.com