Kurt Farrugia

This week, ZenPharm, the Maltese joint venture with Canadian cannabis producer, Zenabis Global, received its Maltese licence to process cannabis for medicinal use and research purposes out of its Hal Far Industrial Estate premises.

Kurt Farrugia, CEO of Malta Enterprise – the national economic development agency that assisted the company to set up locally – considers this “an important milestone for Malta’s medical cannabis industry.”

“We are gaining momentum with the production of cannabis for medical use in Malta,” he wrote. “Zenabis – a Maltese joint venture and partner of Zenpharm, have received a licence for the production of medical cannabis in their facility in Hal Far, Malta.”

The CEO said that the issuing of the second licence for the production of cannabis for medical use shows that “Malta is becoming a centre of excellence in such an important emerging sector.”

“Those companies strive hard to achieve the Medicine’s Authority pharmaceutical standards. Now that they do, patients can rest assured that the Made in Malta product is top quality. A gold standard for the industry. This is indeed a proud moment.”

Through its licence, ZenPharm plans to ship around 500kg of cannabis out of Malta annually to EU countries, with the largest market being Germany.

Featured Image:

Kurt Farrugia / LinkedIn

Related

Joseph Mallia

Joseph Mallia bows out from Chief Financial Officer and Executive Director of IZI Group plc

28 November 2023
by Anthea Cachia

IZI Group’s Head of Finance, Nicolo’ Baldacchino Orland, will fill the role of CFO on an interim basis.

HSBC Malta CEO says internships nurture an ‘entrepreneurial spirit’ in youngsters at an early stage

28 November 2023
by Fabrizio Tabone

Geoffrey Fichte was speaking as the bank announced a record participation of 30 interns in its summer and two-year internship ...

Melo Hili to take on dual role as Premier Capital plc Chairman and CEO

28 November 2023
by Fabrizio Tabone

He takes over as CEO of the McDonald's licencee following Victor Tedesco’s resignation.

‘Strategic approach’ to employee training needed to ease ‘operational challenges’ – Mariella Galea

28 November 2023
by Fabrizio Tabone

Speaking to MaltaCEOs.mt, the HR Consultant and Trainer states that business leaders need a ‘change of mindset’ to prioritise upskilling ...

Close Bitnami banner
Bitnami