
Materia Medica Processing
The most advanced technologies and specific know-how on cannabinoid chemistry.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | €2.2m | Early VC | |
Total Funding | 000k |
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Materia Medica Processing (MMP) is a pioneering company in the Italian medical cannabis sector, strategically positioned within the Toscana Life Sciences TLS incubator at the GlaxoSmithKline research center. This advantageous location provides MMP with access to advanced infrastructure and technology, enabling the company to meet stringent pharmaceutical standards. MMP specializes in the production of medical cannabis, primarily focusing on cannabis flower, and has secured a pharmaceutical license as of May 2024. The company is poised for significant growth, driven by recent regulatory advancements in Italy and the potential for similar policies across Europe. MMP's business model revolves around the cultivation, processing, and distribution of high-quality medical cannabis products. The company collaborates closely with doctors, patients, and pharmacists to establish cannabinoid therapy as a standard medical practice. Revenue is generated through the sale of GMP-certified cannabis products to medical institutions and pharmacies. MMP aims to improve patient access to cannabis medicine, unlock the potential of this versatile medicinal plant, and promote an ecological revolution in the Active Pharmaceutical Ingredient (API) industry.
Keywords: medical cannabis, GMP-certified, pharmaceutical license, cannabinoid therapy, Toscana Life Sciences, GlaxoSmithKline, regulatory advancements, patient access, ecological revolution, API industry.