Heavy Pharmaceutical Holdings (000950.SZ): It is the second largest wholesaler of cannabis essence in the country

Gelonghui Finance ·  Mar 18 18:46

On March 18, Ge Longhui Pharmaceutical Holdings (000950.SZ) said at an investor relations event that the company is one of only three domestic wholesale enterprises dealing in narcotic drugs and class 1 psychotropic drugs, and is the second largest wholesaler of cannabis concentrate in the country. In the first half of 2023, the company's hemp segment achieved revenue of 1,404 billion yuan, an increase of 44.37% over the previous year, accounting for 3.45% of revenue. With the increase in patient visits and demand for in-hospital surgeries, and the recovery of consumer terminals, the anesthetic business gradually grew.

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