Canada House Cannabis Group CHV and the Artisanal Cannabis Company Inc. entered into a strategic alliance, and launched Artisanal's first products on the Ontario Cannabis Store, and the Abba Medix medical cannabis platform.
Canada House is currently in the process of closing a transaction with Montréal Cannabis Médical Inc. ("MTL Cannabis"), a Montreal based "flower-first" licensed producer and has now successfully migrated cultivation in its wholly owned subsidiary, IsoCanMed Inc., to MTL Cannabis's cultivation methodologies.
With Abba now focusing on its medical marketplace, Canada House and MTL Cannabis decided to cease cultivation activities in Abba's cultivation facility in Pickering, Ontario and instead lease the space to Artisanal. "By leasing our cultivation space to Artisanal we've been able to significantly reduce our overhead at Abba. Moreover, because we participate in Artisanal's sales through a royalty mechanism, our cultivation space now contributes to our top line revenues," stated Alex Kroon, president medical for Canada House.
Artisanal's first product, Valencia, a Sour Tangie phenotype, is now available to approximately 1500 retailers through the Ontario Cannabis Store, under the company's new Artiznl Cannabis brand. Starting with Valencia, Artisanal's products will also be available to Veterans and other wellness customers via the Abba Medix medical cannabis platform in March 2023.
Benzinga's Cannabis Capital Conference Is Back
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out. Secure your tickets now. Prices will surge very soon.
Photo: Benzinga edit with photos by geralt and lindsayfox on Pixabay
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!