Cannovum Cannabis AG: 'Cannabis for Germany', sale of fake hemp in 1,000
Aldi Süd stores starts on 27 June

EQS-News: Cannovum Cannabis AG / Key word(s): Product Launch/Alliance
Cannovum Cannabis AG: 'Cannabis for Germany', sale of fake hemp in 1,000
Aldi Süd stores starts on 27 June

26.06.2024 / 09:34 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Cannovum Cannabis AG: "Cannabis for Germany", sale of fake hemp in 1,000
Aldi Süd stores starts on 27 June

Cannovum Cannabis AG (Frankfurt/Xetra, Düsseldorf, Munich, Hamburg, Berlin,
gettex: ISIN DE000A37FUP2) and its partners will be selling fake hemp on the
shelves of discounter Aldi-Süd from 27 June 2024, at a price of EUR2.99 in
around 1,000 stores. The products bear the logo of the "Anbau Allianz für
Deutschland", a subsidiary of Cannovum Cannabis AG. With the "Scheinhanf -
die legale Pflanze für Ihren Garten" (fake hemp - the legal plant for your
garden) offer, Cannovum Cannabis AG and its partners want to raise awareness
of the legalization of recreational cannabis in Germany in all social
classes.

The sales campaign is an important step in raising awareness of Cannovum
Cannabis AG and promoting the social acceptance of cannabis as a
recreational drug in Germany. From 1 July, cannabis clubs will be able to
apply for a cultivation license for recreational cannabis. Cannovum Cannabis
AG and its subsidiary, Anbau Allianz für Deutschland GmbH, will support
these clubs as commercial partners with system-relevant products and
services.

Cannovum Cannabis AG will soon announce the launch of the first reference
clubs. There, Cannovum Cannabis AG and its partners will demonstrate
practically how cannabis can be successfully grown and distributed in
Germany as a recreational drug in an ecologically sustainable, legally
compliant manner. They will also comply with all aspects of youth protection
and quality assurance.

Klaus Madzia, CEO of Cannovum Cannabis AG: "We are proud to be able to
provide a real measurable added value for the legalization of cannabis with
Cannovum Cannabis AG, Aldi-Süd and Anbau Allianz. We are about to start the
official cultivation by clubs and can already successfully demonstrate our
expertise today."

Through its subsidiary, Anbau Allianz für Deutschland GmbH, Cannovum
Cannabis AG has a broad network of family businesses from the German
agricultural sector that will implement the topic of cannabis cultivation
and "reference clubs" with the highest level of security and expertise. The
following partners of Anbau Allianz were involved in the "Scheinhanf"
product for Aldi-Süd. Production: Hortensien Spieker and Gartenbau Baum,
logistics and trading partner: Q-Flower, pots: POTTBURRI.

The growth and sales potential of legalizing recreational cannabis for
Cannovum Cannabis AG is enormous. "According to our calculations, a single
club in Germany can generate up to 2.4 million euros per year with
recreational cannabis. In the medium term, we expect several thousand clubs
in Germany," says Klaus Madzia, CEO of Cannovum Cannabis AG.

For further information, please visit: www.cannovum.de

Contact:

Klaus Madzia

CEO

Cannovum Cannabis AG

email: klaus.madzia@cannovum.com;

Tel: +49 178 5811701

About Cannovum Cannabis AG:

Cannovum AG (www.cannovum.de, www.cannovum.com) is the first German cannabis
company to be traded on the stock exchange. Its shares are traded on the
Frankfurt/Xetra, Düsseldorf, Munich, Berlin, Hamburg and gettex exchanges.


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26.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
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Archive at www.eqs-news.com

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   Language:       English
   Company:        Cannovum Cannabis AG
                   Stresemannstrasse 23
                   10963 Berlin
                   Germany
   Phone:          0178 5811701
   E-mail:         klaus.madzia@cannovum.com
   Internet:       www.cannovum.com
   ISIN:           DE000A37FUP2
   WKN:            A37FUP
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf
                   (Primärmarkt), Frankfurt, Hamburg, Munich, Tradegate
                   Exchange
   EQS News ID:    1933639

End of News EQS News Service
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1933639 26.06.2024 CET/CEST