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TSX-V:WMD OTCMKTS:WDDMF

WeedMD Inc

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Market:
TSX-V
Market Cap:
$82.78 m
Price
0.40 CAD
Change
-1.25%
52 weeks high
2.01
52 weeks low
0.26

In brief

WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer of cannabis products for both the medical and adult-use markets. The Company owns and operates a 158-acre state-of-the-art greenhouse, outdoor and processing facility located in Strathroy, Ontario. WeedMD also operates CX Industries Inc., a wholly-owned subsidiary of WeedMD Inc., from the Company’s fully-licensed 26,000 sq. ft. Aylmer, Ontario production facility which specializes in cannabis extraction and processing. With the recent acquisition of Starseed Medicinal Inc., a medical-centric licensed holder with operations in Bowmanville, Ontario, WeedMD has expanded its multi-channeled distribution strategy.

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Snapshot

  • 158-acre Strathroy, Ontario facility includes both indoor and outdoor grow capacity
  • Aylmer, Ontario facility being converted and optimized into a focused extraction and processing hub
  • Continues to report strong financials, with significant revenue boosts