Australian CBD producer to distribute in Czech Republic
Talk about an international operation.
An Australian nutraceutical company that manufactures hemp-based CBD products in Switzerland is planning to sell them in the Czech Republic, according to a news release from the company, Creso Pharma.
Creso, a public company that trades on the Australian stock exchange, said it has signed a distribution agreement with the Czech company MEDI-IN s.r.o. to distribute CBDium, a “food supplemental health product,” in more than 300 retail outlets within the Czech Republic.
The move became possible after Creso acquired a company in Slovakia called Hemp-Industries, Creso’s chairman and co-founder said in