Canadian company partners with AZ medical marijuana dispensaries

420Patients.com is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends mmjbusinessdaily.com

In what is a possible international first, a Canadian company has announced it will operate a pair of dispensaries in Arizona through a recently acquired management firm.

The deal, which cost the Canadian Bioceutical Corporation $27 million dollars (CA$35.5 million), also gives the the company ownership of a natural health products company, CGX Life Sciences, as a subsidiary, as well as the rights to license intellectual property from Melting Point Extracts, another Arizona-based medical marijuana company.

The Canadian corporation, which trades on the over-the-counter market under the ticker symbol CBICF, will manage two dispensaries that operate under the brand Health

Canadian company partners with AZ medical marijuana dispensaries is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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