C15 Solutions Anticipates Substantial Growth in European Cannabis Market Through Innovative Tech Platform

Leading tech vendor sees promising growth for European operators, commits to advancing the industry with an EU-GMP ready eQMS platform


Oakville, Ontario, April 20, 2023 (GLOBE NEWSWIRE) -- C15 Solutions (“C15” or the “Company”), a technology vendor delivering a customized eQMS (‘electronic Quality Management System’) for the cannabis sector exclusively, is confident about its growth potential in the EU for 2023 and beyond with many EU and UK operators currently using its platform including valued customers like Canify AG, Celadon Pharmaceuticals, Endosane Pharmaceuticals GmbH, Belfry Medical, and 4C LABS. With Germany on the cusp of passing cannabis regulations, the Company anticipates other EU operations to step up and leverage eQMS to elevate the quality, safety, and consistency of cannabis products while lowering the costs of production.

“Having a robust eQMS platform is not only essential for obtaining EU-Good Manufacturing Practice (‘GMP’) but also maintaining the certification. The EU-GMP certification is required for manufacturers to sell medicinal cannabis products in the EU and is a prerequisite for many export markets as well. A strong eQMS is vital for ensuring patient safety and product quality,” says Sean Samuel, C15’s VP of Sales and Marketing. “Medicinal cannabis is a highly regulated product, and deviations from the required quality standards can lead to significant health risks and loss of patient trust.”

C15’s customers have leveraged the Company’s solutions to adhere to EU-GMP regulations while simultaneously lowering their operational risks and costs. EU regulatory bodies are also intimately familiar with the Company and have confirmed 100% EU-GMP validation of C15’s eQMS platform, including the Medicines & Healthcare product Regulatory Agency (‘MHRA’) and the Therapeutic Goods Administration (‘TGA’).

C15 has identified unique characteristics of the EU market that make eQMS a perfect fit for domestic operators. These characteristics include:

  • A fragmented regulatory landscape as each sovereign member of the EU will end up with its own laws and regulations, creating regulatory complexities for companies operating in multiple jurisdictions.
  • A focus on medical cannabis means a strong emphasis on product quality, safety, and consistency – the latter of which is an important distinction when it comes to medical vs. adult-use products.
  • Limited domestic production means many countries rely on import partners, introducing supply-chain complexity and an increase in the propensity for product quality issues.
  • High standards for product quality from European regulators which means detailed and specific requirements for quality control, testing, record-keeping, as well as training.

C15 customers represent a culture of quality and as a result, the Company has been able to create connections between North American and European businesses that have resulted in mutually beneficial trade. By upholding partner standards that prioritize quality and integrity, C15 has built a clientele of like-minded organizations that understand the value of trust in business relationships. The Company plans to continue growing its customer base in the EU throughout 2023.

About C15 Solutions
C15 Solutions (pronounced see-one-five) is a leading tech partner to cultivators, processors, and manufacturers of cannabis products around the world. The company delivers a customized eQMS platform for the cannabis sector exclusively. C15 Solutions strictly adheres to all jurisdictional regulations and has a proven track record of isolating and reducing the cost of quality for its customers.

For more information on how C15 Solutions enhances the cannabis industry, please visit https://www.c15solutions.com/.

 

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