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Zelira Therapeutics’ (ASX:ZLD) HOPE range to launch in Washington, D.C.

Health Care
ASX:ZLD      MCAP $7.716M
06 May 2021 10:50 (AEST)

Medicinal cannabis company Zelira Therapeutics (ZLD) is set to distribute its HOPE products in Washington, D.C. through a partnership with Alternative Solutions.

The HOPE products consist of two pharmaceutical-grade proprietary medicinal cannabis formulations developed to target Autism Spectrum Disorder (ASD) as a disease indication.

HOPE is now available at the National Holistic Healing Centre, a medicinal cannabis dispensary whose team assists patients in treating their symptoms through ailment-strain alignment.

This distribution will see Zelira’s HOPE range of products be accessible to patients registered across all states in the U.S., as they can legally purchase medical cannabis products at an approved dispensary in Washington, D.C.

“The successful launch of HOPE in Washington, D.C. is a huge step forward in Zelira’s strategic focus on expanding access to HOPE throughout the U.S.,” said Zelira Therapeutics Managing Director, Dr Oludare Odumosu.

“We look forward to partnering with Alternative Solutions to support the growth of our product in these new markets.”

As COVID restrictions gradually relax, Zelira says it remains focused on further expanding the distribution of HOPE through licensing agreements in each approved market across the U.S.

Zelira Therapeutics shares are trading steady at 5.3 cents at 10:00 am AEST.

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