19:45 uur 17-08-2022

Pharmasimple kondigt haar beslissing aan om een aandelenbelang in Phytocann Group te verwerven

PARIJS (BUSINESS WIRE) – Phytocann Group, een verticaal geïntegreerd bedrijf en Europese CBD-pionier, kondigt met trots een samenwerking aan met een bedrijf genoteerd op Growth Paris en marktleider in België. Deze strategische toenadering opent een nieuw tijdperk voor de distributie van cannabisproducten in apotheken.

Pharmasimple is verheugd een belang van 5% in Phytocann Group te verwerven voor een bedrag van 5 miljoen euro. Naast de extra vaardigheden en expertise, legt deze kapitaalverhoging de basis voor een IPO op middellange termijn.

Dit persbericht bevat multimedia. Bekijk de volledige release hier: https://www.businesswire.com/news/home/20220809005631/en/

Bijzonder belangrijk is ook de onderzoeks- en ontwikkelingscomponent. Nieuwe assortimenten en de lancering van nieuwe producten worden al verkend door de twee entiteiten. Als al lang bestaande leider in online apotheken ondergaat Pharmasimple al enkele maanden een zakelijke transformatie door zijn netwerk van fysieke apotheken te diversifiëren. Na zichzelf het doel te hebben gesteld van 200 in 2025, zijn er al 14 open en staan ​​er 15 gepland voor 2022.

Pharmasimple Announces Its Decision to Acquire an Equity Stake in Phytocann Group

PARIS (BUSINESS WIRE)– Phytocann Group, a vertically integrated company and European CBD pioneer, is proud to announce a partnership with, a company listed on Growth Paris and industry leader in Belgium. This strategic rapprochement opens up a new era for the distribution of cannabic products in pharmacies.

Pharmasimple is delighted to acquire a 5% equity stake in Phytocann Group for the sum of 5 million euros. Beyond the additional skills and expertise, this increase in capital lays the foundations for a medium-term IPO.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220809005631/en/

The research and development component is also particularly important. New ranges and the launch of new products are already being explored by the two entities. As a long-standing online pharmacy leader, Pharmasimple has been undergoing a business transformation for several months by diversifying its network of physical pharmacies. Having set itself the goal of 200 by 2025, 14 are already open and 15 are scheduled to open in 2022.

This strategic partnership will lead to the introduction of a range of unique products dedicated to Pharmasimple, including CBD oils and cosmetics. It should be noted that the brands belonging to Phytocann Group (Harvest Laboratoires, Ivory, Easy Weed, Herboristerie Alexandra etc.) will be distributed both in shops and on the Pharmasimple website.

As online sales of CBD are of crucial importance to Phytocann Group, this partnership will enable us to create shared synergies and thus to step up and expand our online presence. Always striving to create and offer outstanding products, research and tests are being carried out on new product innovations based on CBD and other non-psychotropic cannabinoids.

This capital acquisition takes advantage of the best possible timing regarding the expansion of Phytocann Group and the opening up of the medicinal cannabis market in Europe, a sign of real added value for Pharmasimple.

Distribution in pharmacies and drugstores was a major challenge. This also strengthens the positioning and the DNA of a 100% vertically integrated group, from production to sales.

If you would like any further information or an interview with a leader of Phytocann Group, don’t hesitate to contact the press office: sbotton@stepconseil.com

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.



Samuel BOTTON: +33 (0)6 84 79 99 61 – sbotton@stepconseil.com

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