Just before the new year Health Canada announced the addition of two new cannabis production facilities to its list of licensed companies. With the additional of Agri-Médic ASP Inc. and Vert Cannabis in Quebec last December, there are now six licensed producers in the region with a total of 89 across Canada today. The entire list of licensed Canadian cannabis producers can be seen on the Health Canada website with further details of their locations, original dates of licensing, cannabis-related activities, starting points of sale and contact information. With this detailed list of information Canada Health is working with the full list of licensed cannabis producers to transition smoothly into overall national legalization.
Considering the different licenses from cultivation, production, and sale, as well as the difference between licensing for plants and dried products versus fresh and oil products. There is a great deal of work that has been placed into the advancement of the Canadian cannabis market as national legalization approaches.
High Investment Potential to View in Canadian Cannabis Companies
With the fast-growing list of Canadian cannabis companies gaining licenses for production and distribution there is plenty of opportunities for international investors to gain in the stock market. With 34 licenses to sell and produce cannabis oils across Canada, there are a number of investments out there for international finance companies.
Canopy Growth Corp (TSX: WEED)
Canopy Growth Corp through its subsidiaries is the licensed producer of medical marijuana in Canada. The company grows, produces and sells medical marijuana. It sells medical marijuana under various brand names including Tweed, Bedrocan, and Mettrum.
Aurora Cannabis, Inc. (TSX: ACB)
Aurora Cannabis Inc is a medical marijuana company. The Company is engaged in producing and distributing medical marijuana pursuant to the Marijuana for Medical Purposes Regulations.
Aphria, Inc. (TSX: APH)
Aphria Inc is licensed to produce and sell medical marijuana, including dried cannabis and cannabis oil, as a Licensed Producer under the provisions of the ACMPR.
The Chronos Group (TSXV: MJN)
Cronos Group Inc is a diversified and vertically integrated cannabis company. It produces and sells legal marijuana in the Canadian medical market.
You may be interested
Canopy Growth Corp. to Begin Trading on New York Stock Exchange TodaySam Rosenberg - May 24, 2018
Canopy Growth Corporation (TSX: WEED) announced this morning that the company is expected to begin trading on the New York Stock Exchange (NYSE) this morning under the ticker…
Colorado Passes Bill to Allow Public Companies to Invest into Cannabis BusinessesSam Rosenberg - May 23, 2018
Colorado has just passed a House Bill 18-1011 which will allow publicly trade companies in the U.S. to invest and hold medicinal or recreational cannabis cultivation, processing,…
Phoenix Tears Signs Agreement to Offer Rick Simpson Oil CBD Products at 7-Eleven Stores in 2018Sam Rosenberg - May 23, 2018
Phoenix Tears announced this week that the company has entered a distribution agreement to introduce its Rick Simpson CBD Oil products to hundreds of 7-Eleven stores across the…