The Hydroponics Company forms alliance with major European supplier

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The Hydroponics Company Ltd (ASX:THC) has signed a binding letter of intent with Endoca BV, one of Europe’s most respected suppliers of GMP certified medicinal cannabis. The overall objective is for development and production of CBD-based and THC-based products produced under pharmaceutical GMP from European and Australian facilities, and their supply to multiple international markets. THC and Endoca intend to formalise their cooperation following their review and planning period over the next few months in the form of a binding agreement. THC’s chairman Steven Xu said: “Our alliance with Endoca, a trusted international medicinal cannabis brand, has continued to flourish as THC’s manufacturing and growing capabilities expand domestically. “We look forward to accelerating THC’s development through our alliance and building a truly international presence together with Endoca.” Endoca’s CEO Henry Vincenty also said: “THC’s development in Australia has been rapid and well-targeted, particularly with its full-scale manufacturing capabilities and pharmaceutical development. The Hydroponics Company forms alliance with major European supplier

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