#VELA Vela Technologies Investee Co. – #KNB Kanabo – CONTRACT EXTENSION WITH MAJOR UK RETAILER November 14, 2023 – Posted in: Vela Technologies Plc (VELA) – Tags: contract, expansion, health, investment, retailer

Kanabo Group plc (LSE: KNB), the patient-focused provider of digital health services and specialist medicines, including medicinal cannabis, is pleased to announce that it has extended an existing contract with a leading United Kingdom (“UK”) retail business, a provider of health and beauty retail and e-pharmacy services.

The GP Service – acquired by Kanabo in 2022 – originally partnered with the retailer in 2019. The contract extension will see Kanabo, through its integrated online telehealth platform The GP Service, continue to provide the retailer with video consultation and prescription services, which patients can access remotely and then collect through the Group’s network of over 4,000 UK pharmacies for a further 12 months.

This contract extension will enable Kanabo to continue to offer its online consultation services to an expanded patient base, affording patients faster and easier access to medical professionals.

Avihu Tamir, Chief Executive Officer of Kanabo, commented:

“I am delighted that we have secured an extension of this prestigious contract for Kanabo. The continuation of our relationship with this retailer will help us strengthen our position as a key player in digital health services and also provide accessible care to patients. We look forward to continuing to work with them over the next 12 months, and to enabling greater access to medical professionals and healthcare services for customers.”

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