Canopy reveals plan for marijuana expansion into Atlantic Canada

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 biggest medical marijuana producer unveiled more details about its expansion into Atlantic Canada, a four-province region currently home to only two companies licensed to cultivate and sell MMJ.

Canopy Growth is buying Fredericton, New Brunswick-based Spot Therapeutics for 2.25 million Canadian dollars ($1.8 million) in stock, the company announced in a news release. New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador make up Atlantic Canada.

Spot has applied to Health Canada for a license to produce marijuana.

Canopy – based in Smiths Falls, Ontario, and traded as WEED on the Toronto Stock Exchange –

Canopy reveals plan for marijuana expansion into Atlantic Canada is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Leave a Reply

Skip to toolbar