Cantourage Group SE Secures New Premium Supplier Certification

First Berlin Equity Research GmbH recently updated its assessment of Cantourage Group SE. Analyst Ellis Acklin reaffirmed the BUY recommendation, maintaining the target price at €11. Cantourage has expanded its EU-GMP-certified supplier network by incorporating Canadian craft cultivator LOT420. This follows the earlier certification of Green Karat, enhancing Cantourage's exclusive access to premium brands in Europe.

The inclusion of these suppliers allows more product processing before entering distribution, expected to improve delivery speed and ensure product freshness and quality. The strategic focus is on the repeatability of this process, as Cantourage successfully assisted two partners in achieving EU-GMP certification consecutively. This highlights Cantourage's regulatory expertise in strengthening supplier relationships.