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WeedMD, a licensed marijuana producer in Ontario, has signed a deal to serve as the “preferred supplier” of cannabis oil to three long-term care and retirement community operators.
The Aylmer company said the deal reflected its efforts to capitalize on a Canadian market where a growing number of senior citizens are considering MMJ as a treatment option, according to CBC News.
WeedMD’s biggest deal is with People Care Communities, which runs seven care homes in southwestern Ontario, the news outlet reported. The other two deals are with individual nursing homes in Belleville and Kingston.