How To Get A Medical Marijuana Growing License In Canada
How To Get A Medical Marijuana Growing License In Canada' title='How To Get A Medical Marijuana Growing License In Canada' />Medical marijuana companies in Canada capitalizing on insane growth abroadThis is the first article of a four part series examining how Canadian cannabis companies are expanding globally. Part II ran Aug. Parts III and IV will publish Aug. By Matt Lamers. Canadian medical cannabis companies are primed to tap what one industry executive calls insane growth overseas. Flush with capital and largely free from American competition, Canadian licensed producers LPs are spreading their wings to gain a first mover advantage in new markets as more countries legalize marijuana for medical use. Fueling the overseas push is the vast amount of funding the companies have accumulated During the first half of 2. Canadian cannabis companies raised more than 1 billion Canadian dollars 7. One of the big advantages that Canadian companies have internationally right now is that we have access to capital that companies in no other country can match, said Cam Battley, a member of the board of Cannabis Canada, the industry association for licensed cannabis producers. In addition to our expertise and the credibility of having operated successfully under rigorous government regulation in Canada, we have access to the level of capital required to make significant investments in equity and also in capital projects. The potential is significant. A recent analysis by Toronto based Eight Capital, a full service investment dealer, pegs the potential international medical cannabis market at CA1. We believe the path to global expansion for the LPs starts by partnering through medical focused opportunities, and that in the longer term, international medical markets could be major upside opportunities, the report states. Germany and Australia have been the early focus for nearly a dozen Canadian MMJ companies tapping international markets through exports of flower and oils, licensing arrangements, distribution deals and acquisitions. Others have accumulated interests in South America. Europe, where about a dozen countries permit sales of MMJ, is the big prize. Battley said Canadian companies are going overseas to capitalize on their advantage while it exists. There are no significant American competitors right now on the international stage, so the best opportunities are open to well capitalized Canadian producers, he said. Download Ultimate Rock Guitar Fake Book Pdf Software'>Download Ultimate Rock Guitar Fake Book Pdf Software. Vahan Ajamian, an analyst in Beacon Securities Toronto office, said Canadian cannabis firms are driven by opportunity overseas rather than competition at home. There are all sorts of opportunities in foreign jurisdictions, he said. Germany is a hot one. Other countries in Europe are going medical. Mexico legalized medical cannabis. Growing marijuana legally in Canada requires a Licence to Produce Marihuana from Health Canada. If authorized, patients may grow their own medicine or designate. The world is slowly but surely going that way. These are opportunities youre looking to exploit, because of your size and capability in Canada, he added. The race to Germany. After Germany agreed to greatly expand its medical cannabis program earlier this year, a number of Canadian companies quickly established a foothold in Europes largest economy. How To Get A Medical Marijuana Growing License In Canada' title='How To Get A Medical Marijuana Growing License In Canada' />Medical Marijuana Information, Evaluation and Card in Santa Rosa CA, Doctors Ron Kennedy, M. How To Install Pc Linux Os Full Monty Direct. D. 7075914088, Get Your Marijuana Card, California Medical Cannabis card. Canada has added two more licensed medical cannabis companies, bringing the total number of approved LPs to 54. The latest to win approval are Experion. Germany became the first country to cover the cost of medical cannabis through its national health insurance system for any therapeutic application approved by a doctor. The country is conducting an application process to select 1. The 1. 0 licensees could be announced in September, according to industry officials. Until domestic producers are operational, imports will be needed to meet German demand. Among the Canadian companies vying for one of the coveted licenses is Alberta based Aurora Cannabis, which lists as ACB on the Toronto Stock Exchange. In May, the licensed MMJ cultivator acquired Germany based Pedanios, an importer, exporter and distributor of medical cannabis in the European Union. Its the largest medical cannabis distributor in Germany. Pedanios passed the first stage of the application process. Demand in Germany is expanding at an insane rate, said Battley, who also serves as executive vice president of Aurora. Not only is Germany creating a very well thought out medical cannabis system, theyre reimbursing medical cannabis under the national health system. We see Germany as our anchor in Europe, and thats a market of 5. EU, added Battley. He said Aurora is making very considered and select investments that are anchoring us in markets that we see as very attractive future markets for medical cannabis. The good opportunities that come along are available at attractive prices right now. Ottawa, Ontario based ABcann Global TSX Venture ABCN, another licensed producer, also is pursuing opportunities in Germany, and its common shares trade on the Frankfurt Stock Exchange. CEO Aaron Keay said ABcann Global sees Germany as a gateway to broader European opportunities. Were absolutely at the forefront, he told Marijuana Business Daily. We look at Europe as a significant part of our strategic plans for expansion, in addition to what were doing domestically. Keay confirmed that ABcann expects to acquire a distribution license and start exporting MMJ to Germany in the third quarter. He also said ABcann is very interested to continue to pursue the cultivation in Germany. Canopy Growth TSE WEED, a licensed producer based in Smiths Falls, Ontario, established a foothold in the country with exports to Germany and its acquisition of Med. Cann, a Germany based pharmaceutical distributor, in late 2. Frankly, its growing very, very quickly, Canopy Growth spokesman Jordan Sinclair said of the German market. Its very important. Theres a lot of things that happen in the German market that are going to mirror what happens in Canada. So from a positioning perspective, and with the experience we bring to the table, we think were going to excel, he said. Other Canadian players in Germany and nearby include Australia bound. Australia, with a comparable population and demographic makeup to Canada, is receiving considerable interest from international cannabis companies. The country legalized medical marijuana last year for patients with chronic or painful illnesses. In May, Canni. Med TSE CMED marked its first shipment of commercial cannabis oil to Australia with the sale of 3,6. Health House International, a medical cannabis wholesaler in Perth. A Canni. Med spokesperson said the current focus is on the global medical market, rather than the Canadian and U. S. recreational markets, because the opportunities allow for international expansion faster. Canopy Growth wants to use the lessons it learned in its early days in Canada to help Aus. Cann Group Holdings Australian Securities Exchange AC8 in Australia. Canopy Growth will offer its expertise to Aus. Cann in exchange for an initial 1. Aus. Canns strategic partner has been granted two cannabis licenses from Australias Office of Drug Control. Aus. Cann will import MMJ from Canopy until its capable of supplying locally produced medicine. Over the past year or so we have been supplying them with some of our intellectual property so they can come out of the gate strong. In exchange for that, they gave us a small stake in the business, a Canopy spokesperson said. Were not exporting actual cannabis to Australia, were only exporting intellectual property. Aurora Cannabis entered the Australian market by taking a 1. Cann Group Limited Australian Securities Exchange CAN. Cann is the first Australian company licensed to conduct research on and cultivate medical cannabis. Marijuana Home Growing Licensing in Canada. Canadas Leading Marijuana. Consultants Providing over ten years of. How to Get a. License to Grow Marijuana at Home. Legally. Legal Medical Cannabis. Cultivation and Production. Home under the ACMPRHealth Canada Forms, Guide and. Information to Produce Cannabis at. Home. Register here to grow cannabis. 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