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SOMAÍ Pharmaceuticals

10,595 followers

3mo

Who are we? SOMAÍ Pharmaceuticals is a leading EU-GMP European vertically integrated Multi-Country Operator (MCO) company with a global footprint of distribution for the largest and most advanced EU GMP-certified cannabinoid-containing pharmaceutical extract portfolio. SOMAÍ owns a state-of-the-art manufacturing facility and indoor cultivation in Lisbon, Portugal, and has global sales teams in the largest medical cannabis markets. We are continuing to make acquisitions and global brand partnerships that make us one of a few and the first European-based vertically integrated companies in the EU able to cater to the diverse needs of fast-growing global cannabis markets. In this video, Michael Sassano, Founder and Interim CEO of SOMAÍ, and Rita Barata, Chief Marketing Officer, take CannaReporter on a tour of SOMAÍ's state-of-the-art facilities in Portugal, explaining SOMAÍ story, values, and future projects for the company. This video is an advertising mini-doc and was made by the CannaReporter® Commercial and Marketing department. #SOMAÍ #GMP #medicalcannabis #biotechnology #medicalcannabismarket #manufacturing #pharmtech #medicalcannabisnews

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Ask yourself what is preventing you from experiencing something that's safer for you because nobody should live with pain or whatever your your solution may be. I started in cannabis mostly as an investor in the early days in the United States and it was very clear to me at that stage there was a need for more infrastructure because you need to have a cannabis facility, you need to have a grow facility, you need to have a manufacturing facility, and later it became you need to have dispensaries for sales. So building those infrastructures became what I was known for in the United States and although I spent many years back in Vegas in the early days to become an operator, you know my heart was always in into the European Community. So bringing the cannabis know how over to Europe birth, so am I. All the manufacturing is based in Portugal. So the manufacturing plus the new purchase of the grow that would the indoor grow we just bought. So our operations for distribution all come from product made here in Portugal, Made in Portugal, if you will. O Portugal is our main hub of manufacturing. But keep in mind, you know, cannabis is a global aspect. The idea behind Somali is to bake as many products as possible so that people have choice. So to date, we've made and stabilized over 100 products. Yeah, I've written a lot about this. Portugal is the epicenter and of of a cannabis manufacturing and cultivation. I believe it's not only the largest infrastructure, it's an infrastructure that cannot be beaten by any new entrance of any EU country because the regulations are appropriate for cannabis and we have a a Regulatory agency. That believes in what we're doing and helps us to get to our end goals. And this is very significantly important. You know, one thing is the will of the people. The other thing is creating the opportunity for us to create a business in this country in order to export to other countries. So Portugal hands down #1 in Europe. And I don't see that changing ever. Well, we're applying for all the ACM's right now to Portugal. So we're doing 20 ACM's and we're doing a variety of. Of oral solutions even we're going to try one or two more advanced solutions to explain those to informed and we're hoping that we've chosen the right ones for the Portuguese market and hopefully we can bring other products later. So that's just 20 just to start. But yes, these are your basic form factors. So you have high THC, which are typical formulations, you have balanced formulations and then you have low THC or CBD dominant formulations and those are your basic lineup for. Any starting market, whether it's here or Germany or any other country. That's a good inferior Pasana samaikya guarantee from being contingency that there's different twins. But he said constrains on portfolio. See that cause? Make a sound. Internal difference phase in Queen Portugal produce suicides Orash Corner. Sebastian City Mustang. Differential of knowledge different stephanos all indeed some stomach period all these panels sound remastered surprised I'm still capsules Latina that towards the difference from what source fragrantica surgical care and see that could win tying coronica saja could win tiny scrolls multiple time difference. Edit plush target therapeutic is to entertain decipher simple, not superior personal guarantees portfolio complete new mode imprisonment guarantors ranch. I believe we're up to 5052 or 55 people currently here in Portugal. Plus with the new addition of of our indoor cultivation purchase, I think that adds another 35 jobs that we will be responsible for. So I think by by this summer we'll be at. 100 currently operating in Portugal. What needs to happen in order for those businesses to flourish in order for this is one is the will of Portugal, which you know it's clear Portugal is supportive of our of our industry. The other is the will of the regulators in other countries to open up access for their patients as countries start to open up access to their patients. And I'm definitely in the belief that we are sitting at the precipice of a global medical cannabis explosion. I believe you will see regulations to support patient access going across the globe and Portugal will be there to service it. So to that respect. So my is what we are developing it to be, which is a cannabis, a powerhouse in the EU community. Cannabis isn't for everyone, but it can help a lot of people that don't have access.

CEO. D Odegard Agencies Ltd. Head of Business Development. Ryah

3mo

While It is good to see the success, vertical integration has its issues , as we see in North America. Different laws, cultures, make it interesting. Having such a diverse product offering will attract customers, especially in the rec market. Which leaves me wondering , again about the dominance of recreational cannabis ownership and marketing , in the medical cannabis industry. It has been shown to have a negative impact for patient, in US states. In Canada, as well, where patient numbers are dwindling. What is next ? Patents on sythethic cannabinoids ? Or driving for market share in both industries ? Marketing rec products to patients, is not working. We patients see the expensive price of Epidolix , and shake our heads. Nay, I say pick your market …..you cannot have it both ways, governments are slowly realizing this. A change is a coming !

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