June 22, 2023 by BEN STEVENS, Business of Cannabis Europe
German listed cannabis operator Cannovum Cannabis AG announced this week that it now plans to ‘outsource its existing successful medical business’.
Business of Cannabis recently reported that Cannovum had chosen to pivot its strategy following the roll-back of Germany’s plans to launch a fully commercial adult-use cannabis market.
At the time, the company said that while there was a renewed focus on its medical arm, it was adamant that it is not only ‘not disregarding recreational’, but that it is also ‘ideally positioned’ to capitalise on the opportunities as they stand.
