The following write-ups are posted for informational purposes only, but may suggest partnerships as well.
Canopy Growth in Africa
Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) made a recent foray into southern Africa. The company acquired Daddy Cann Lesotho, which trades under the name ‘Highlands,’ on May 30. Through the acquisition, Canopy issued shares comparable to $28.8 million. A fair cost given that the Highlands acquisition gives Canopy access to a market that could potentially cover 55 million people. Although the nation is landlocked by South Africa, Lesotho has the ideal greenhouse climate for growing cannabis, and its premier location means Lesotho is positioned for exports across the entire African continent.
The Green Organic Dutchman Looks to Jamaica
New cannabis markets are sprouting up everywhere, it seems. Even Jamaica, which is already well-known for its marijuana culture, is working to keep up with modern market trends.
The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) announced a new partnership with Jamaica’s Epican Medicinals on Thursday, June 14, 2018. This marks The Dutchman’s first step into the international cannabis market.
Epican Medicinals was the first company to receive a cannabis license in Jamaica, and are already producing high-quality weed at their Blue Mountain facility. With the Dutchman’s partnership, the two companies will soon begin construction on a brand new 125,000 square foot cultivation facility. Epican will also be opening its first dispensary in Kingston by July of this year.
According to a statement, international expansion is a key part of The Dutchman’s business plan. Their new footing in Jamaica not only gives them access to Epican’s premium cannabis, but it also sets The Dutchman up to export weed into Europe per Jamaica’s regulations.
On a side note, the gentleman hired as CEO of SATIVEO worked in Jamaica prior to his hiring at SATIVEO. This may not mean anything, but it could mean more than we currently know.
Maricann Group Looks to Malta
The island nation of Malta joined the ranks of legalized nations in the European Union this April. Malta’s medical cannabis industry is defined by its Good Manufacturing Practices, which make it very attractive to pot stocks looking to expand.
Recently, Maricann Group (CSE:MARI) (OTCQB:MRRCF) announced it would be entering Malta’s cannabis market through its acquisition of Medican Holdings. Maricann applied for licensing in May under Medican, but Malta Enterprise, the country’s regulatory force, asked the company to resubmit its application under Maricann Group.
According to a recent statement, Maricann is confident this will not cause a delay. They stated that the application would be under review within thirty days. Once approved, the licenses give Maricann the ability to import, export, manufacture, and sell medical cannabis throughout the entire European Union.
https://www.potnetwork.com/news/these-are-top...sion-plans
Canopy Growth in Africa
Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) made a recent foray into southern Africa. The company acquired Daddy Cann Lesotho, which trades under the name ‘Highlands,’ on May 30. Through the acquisition, Canopy issued shares comparable to $28.8 million. A fair cost given that the Highlands acquisition gives Canopy access to a market that could potentially cover 55 million people. Although the nation is landlocked by South Africa, Lesotho has the ideal greenhouse climate for growing cannabis, and its premier location means Lesotho is positioned for exports across the entire African continent.
The Green Organic Dutchman Looks to Jamaica
New cannabis markets are sprouting up everywhere, it seems. Even Jamaica, which is already well-known for its marijuana culture, is working to keep up with modern market trends.
The Green Organic Dutchman (TSX:TGOD) (OTCQX:TGODF) announced a new partnership with Jamaica’s Epican Medicinals on Thursday, June 14, 2018. This marks The Dutchman’s first step into the international cannabis market.
Epican Medicinals was the first company to receive a cannabis license in Jamaica, and are already producing high-quality weed at their Blue Mountain facility. With the Dutchman’s partnership, the two companies will soon begin construction on a brand new 125,000 square foot cultivation facility. Epican will also be opening its first dispensary in Kingston by July of this year.
According to a statement, international expansion is a key part of The Dutchman’s business plan. Their new footing in Jamaica not only gives them access to Epican’s premium cannabis, but it also sets The Dutchman up to export weed into Europe per Jamaica’s regulations.
On a side note, the gentleman hired as CEO of SATIVEO worked in Jamaica prior to his hiring at SATIVEO. This may not mean anything, but it could mean more than we currently know.
Maricann Group Looks to Malta
The island nation of Malta joined the ranks of legalized nations in the European Union this April. Malta’s medical cannabis industry is defined by its Good Manufacturing Practices, which make it very attractive to pot stocks looking to expand.
Recently, Maricann Group (CSE:MARI) (OTCQB:MRRCF) announced it would be entering Malta’s cannabis market through its acquisition of Medican Holdings. Maricann applied for licensing in May under Medican, but Malta Enterprise, the country’s regulatory force, asked the company to resubmit its application under Maricann Group.
According to a recent statement, Maricann is confident this will not cause a delay. They stated that the application would be under review within thirty days. Once approved, the licenses give Maricann the ability to import, export, manufacture, and sell medical cannabis throughout the entire European Union.
https://www.potnetwork.com/news/these-are-top...sion-plans
