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RAMM PHARMA CORP (RAMMF) is a pharmaceutical company dedicated to developing innovative cannabinoid-based medications to address a wide range of medical conditions. With a focus on research, development, and commercialization, RAMM PHARMA is at the forefront of the emerging market for cannabinoid therapeutics. The company's proprietary technology and strategic partnerships enable them to create high-quality, effective treatments that improve patient outcomes. RAMM PHARMA's commitment to scientific rigor and patient care sets them apart in the pharmaceutical industry.
RAMM Pharma Corp. has updated its shareholders on ongoing litigation involving Sergio Martines and Naturale Science Inc. The trial occurred between April 29, 2024, and May 16, 2024, with the judge reserving the decision. Martines and Naturale Science Inc. are demanding approximately C$3 million from RAMM for breach of contract, specific performance, and out-of-pocket expenses. In response, RAMM has filed a counterclaim seeking C$14 million in damages for alleged fraudulent misrepresentation related to its acquisition of Canapar in June 2021. RAMM has accrued C$300,000 in its financial statements for possible liabilities, which may be adjusted in future reports.
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