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Cannidex Brands Inks Deal With Pharmicated To Distribute Cannidex+ In Oklahoma

Topical cannabis products provider Cannidex Brands said it has signed an exclusive licensing agreement with Pharmicated, a cannabis wholesale distribution company in Oklahoma.

The exclusive licensing agreement will allow Pharmicated to manufacture Cannidex+ and distribute the product to all licensed medical cannabis dispensaries in Oklahoma.

Cannidex+ is a full spectrum cannabis topical currently available in select U.S. markets with state-wide medical or recreational cannabis programs.

The deal continues the expansion of Cannidex Brands into medical marijuana markets following its successful launch in Washington, D.C.

"We are thrilled to be working with the exceptional team at Pharmicated, a company that has established itself as a dominant player in Oklahoma's cannabis wholesale distribution market. We had the opportunity to come to Oklahoma and tour several facilities and dispensaries, and I knew right away that Cannidex+ was a great fit for the communities of Oklahoma," said Scott Gerhardt, a principal at Cannidex Brands.

"Pharmicated is very excited to be partnering with Cannidex Brands and introducing their exclusive topical cream to the ever increasing number of Oklahoma dispensaries," said Jeremy Jones of Pharmicated.

In September, the Oklahoma Medical Marijuana Authority or OMMA said it signed a contract with Florida-based cannabis traceability company Metrc for the implementation of a seed-to-sale tracking system for the state's medical marijuana program.

Oklahoma's legal medical marijuana market was launched in 2018. It has the highest number of dispensaries per resident and more than 300,000 patients, according to Metrc.

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