Canopy inks MMJ supply deal with Australia’s AusCann

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

Canada’s largest licensed cannabis producer continued its aggressive drive overseas by signing a deal to be the exclusive supplier of medical marijuana for Australia’s AusCann Group Holdings Ltd.

Canopy earlier agreed to take a 15% ownership stake in the Perth-based company, which is a cultivator, manufacturer and supplier of Australian-produced medical marijuana.

Smith Falls-based Canopy (TSX Exchange: WEED) will begin supplying AusCann with a range of medicines for research and commercialization in Australia, the company said in a news release.

In August, AusCann was granted a medicinal cannabis manufacturing licence by the Office of Drug Control,

Canopy inks MMJ supply deal with Australia’s AusCann is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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