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A young success story open to anyone

Just five years after its founding, Cantourage has quickly established itself as a market leader in the European medical cannabis sector, consistently achieving substantial revenue growth year after year. By leveraging its asset-light strategy and cost efficiency, Cantourage achieved break-even in 2023

In preparation for cannabis legalisation in Germany, Cantourage went public in Autumn of 2022 to enable small and institutional investors to be part of a global growth industry. The company is listed on the Frankfurt Stock Exchange under the ticker “HIGH”.

In preparation for cannabis legalisation in Germany, Cantourage went public in Autumn of 2022 to enable small and institutional investors to be part of a global growth industry. The company is listed on the Frankfurt Stock Exchange under the ticker “HIGH”.

So, what does Cantourage do?

Cantourage sources cannabis from around the world, imports it to its European manufacturing hubs to produce pharmaceutical cannabis medicines, and distributes them throughout Europe's fastest growing medical cannabis markets.

Cantourage helps cultivators access Europe’s rapidly expanding medical cannabis markets. So far, Cantourage has signed over 60 long-term contracts with cannabis growers from 18 countries.

Cantourage implemented a revenue-sharing model which allows Cantourage to avoid investing in costly cultivation facilities and long-term purchase commitments, thereby minimising the company's working capital risk.

Cantourage implemented a revenue-sharing model which allows Cantourage to avoid investing in costly cultivation facilities and long-term purchase commitments, thereby minimising the company's working capital risk.

Based at the heart of Europe's cannabis progress

Upon arrival in Germany, Cantourage handles all necessary processes to transform imported cannabis raw material into prescription medicines. For cannabis flowers, these steps include trimming, microbiological load reduction, packaging and labelling, testing, market release, warehousing, and fulfilment. All these processes are carried out at Cantourage’s production facility in Southern Germany, along with its associated laboratories and service providers.

Upon arrival in Germany, Cantourage handles all necessary processes to transform imported cannabis raw material into prescription medicines.

For cannabis flowers, these steps include trimming, microbiological load reduction, packaging and labelling, testing, market release, warehousing, and fulfilment. All these processes are carried out at Cantourage’s production facility in Southern Germany, along with its associated laboratories and service providers.

Since May of 2024, Cantourage has an additional production partner in Portugal to further stabilise the supply chain and security of supply for all of Europe.

Supplying markets as they open

Once manufactured, the products are shipped to pharmacies throughout Cantourage’s home market Germany, as well as, to the UK via its subsidiary Cantourage UK. Additionally, Cantourage distributes products to five more European markets: Austria, Switzerland, Poland, Czech Republic and Denmark.

Once manufactured, the products are shipped to pharmacies throughout Cantourage’s home market Germany, as well as, to the UK via its subsidiary Cantourage UK.

Additionally, Cantourage distributes products to five more European markets: Austria, Switzerland, Poland, Czech Republic and Denmark.

Spearheading all product categories

In the cannabis flower market, Cantourage is proud to offer the most diversified product portfolio in Europe, with its growers supplying a wide range of different cultivars from value products to craft cannabis – allowing Cantourage to quickly cater to changing patients’ needs and market demands. Since German cannabis legalisation, Cantourage has been witnessing a massive influx in medical cannabis demand, with revenue in April 2024 growing by around 160% compared to the same month of the previous year.

Besides cannabis flowers, Cantourage is also well positioned in other market segments such as extracts and active ingredients. In the German Dronabinol (= pure THC) market, Cantourage has asserted itself amidst experienced big pharma competition and today is one of the market leaders in Europe.

Easing patient access

In both Germany (“Telecan”) and the UK (“Cantourage Clinic”), Cantourage operates its own (telehealth) medical platform to make it easier for people to access medicinal cannabis. Patients can openly discuss cannabis treatment with a doctor - without fear of stigmatisation.
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The process is very simple: after registering online, including completing a questionnaire, patients can make an initial appointment and receive their cannabis prescription, which is then sent to a pharmacy of the patient’s choice. In Germany, in addition to an online consultation, it is also possible for patients to visit the expert doctors at their practice locations.

Basic information

Ticker Symbol

HIGH

Segment

Scale

LEI

3912003NCTLO6YHA9V48

Share capital in EUR

12,467,479.00

ISIN

DE000A3DSV01

Class of shares

Bearer shares

Financial year

1 January to 31 December

Designated Sponsor

Hauck Aufhäuser /mwb fairtrade Wertpapierhandelsbank, both Frankfurt am Main

Market

Open Market

Number of shares

12,467,479

Trading venues

XETRA, Frankfurt (Scale), Open Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

Specialist

WOLFGANG STEUBING AG

Securities identification number

A3DSV0

First trading day

11/11/2022

Research

Datum

11.00

Reports

Cantourage Group SE - audited as-if consolidated annual financial statements 2022

Language: German

Cantourage Group SE - audited as-if consolidated annual financial statements 2021

Language: German

Cantourage GmbH - audited annual financial statements 2020

Language: German

Presentations

Company presentation (July 2024)

Company Overview

Whitepaper on Cannabis for Recreational Use in Germany

we love cannabis

Annual General Meeting

Here you will find detailed information and documents on the Annual General Meeting of Cantourage Group SE, which will take place on Wednesday, 26 June 2024, at 1:00 p.m. on the premises of palisa.de GmbH (top floor) at Palisadenstr. 48, 10243 Berlin.

Investors

A young success story open to anyone

So, what does Cantourage do?

Based at the heart of Europe's cannabis progress

Supplying markets as they open

Spearheading all product categories

Easing patient access

Shares

Stock chart

PRICE – HIGH.F -

Basic information

HIGH

Scale

3912003NCTLO6YHA9V48

12,467,479.00

DE000A3DSV01

Bearer shares

1 January to 31 December

Hauck Aufhäuser /mwb fairtrade Wertpapierhandelsbank, both Frankfurt am Main

Open Market

12,467,479

XETRA, Frankfurt (Scale), Open Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

WOLFGANG STEUBING AG

A3DSV0

11/11/2022

Research

16/10/2024

Montega

Tim Kruse

Buy

11.00

10/10/2024

NuWays

Christian Sandherr

Buy

10.00

17/7/2024

Montega

Tim Kruse

Buy

11.00

Reports

Cantourage Group SE - audited as-if consolidated annual financial statements 2022

Cantourage Group SE - audited as-if consolidated annual financial statements 2021

Cantourage GmbH - audited annual financial statements 2020

Presentations

Company presentation (July 2024)

Company Overview

Whitepaper on Cannabis for Recreational Use in Germany

Annual General Meeting

Voting summary

Präsentation zur Hauptversammlung am 26.06.2024

Report of the Supervisory Board

Audit report annual financial statements as at 31/12/2022

Amendment of instructions to the company's proxies

Power of attorney revocation form

Authorisation form

Directions and parking facilities

Invitation to the Annual General Meeting

Presentation for the Annual General Meeting on 28/06/2023

Appropriation of earnings 2023

Information according to §125 AktG

Report of the Supervisory Board

Authorisation form

Directions and parking facilities

Voting summary

Power of attorney revocation form

Amendment of instructions to the company's proxies

Audit report annual financial statements as at 31/12/2023

Invitation to the Annual General Meeting

Financial calendar & newsletter

21st Autumn Conference, Equity Forum, Frankfurt am Main

German Equity Forum, Frankfurt am Main

Publication of the individual financial statements of Cantourage Group SE 2023

Annual general meeting, Berlin

Publication of the individual financial statements of Cantourage Group SE 2022

10th Hamburg Investor Days (HIT), Hamburg

Publication of the Separate Financial Statements of Cantourage Group SE as of 1H 2023

German Equity Forum, Frankfurt am Main

German Equity Forum, Frankfurt am Main

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