IM Cannabis, Avant Brands sign licensing agreement for German cannabis market

IM Cannabis (IMCC) and Avant Brands (AVTBF) signed an international trademark licensing agreement granting Adjupharm, IMC’s German subsidiary, the exclusive right to launch the BLK MKT brand in the German medical cannabis market on their medical cannabis products. All such products will contain cannabis cultivated exclusively by Avant and subsequently exported to Germany. The collaboration between the two companies anticipates a positive outcome in the emerging German medical cannabis market, especially following the recent legalization by the government on April 1st. Avant’s three largest cultivation facilities all hold ICANN-GAP and GACP certifications, positioning Avant to potentially distribute its premium cannabis flower into international markets.