The weed wire
The acquired company has all the licensing to import and distribute medical cannabis throughout Germany, according to a statement
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Mugglehead Investment Magazine
News
COVID-19
Company said it had to grapple with reducing its 1,443-member workforce by 10% in February and restructure its operations
COVID-19
Company is testing similar cannabis drug to see if it can treat symptoms of COVID-19 in humans
The weed wire
20K new members have joined since stay-at-home orders came into effect in March, company says
COVID-19
Drug sales spiked 25 per cent during first 3 months of the year
The weed wire
CEO Irwin Simon told BNN Bloomberg it's laying off a dozen staff including its chief marketing officer
Analysis
With production costs as low as $0.10 a gram in Canada, some analysts predict outdoor cultivation will disrupt legal weed
The weed wire
CaaMTech will be researching synthetic tryptamine-based compounds as part of a cooperative R&D program
The weed wire
Deal brings newly-launched topical to national medical market
The weed wire
The highly potent but non psychoactive compound has anti-tumour properties, company says
