Canadian company partners with AZ medical cannabis dispensaries

In what is a possible international first, a Canadian company has announced it will operate a pair of dispensaries in Arizona through a recently acquired management firm. The deal, which cost the Canadian Bioceutical Corporation $27 million dollars (CA$35.5 million), also gives the the company ownership of a natural health products company, CGX Life Sciences, as a subsidiary, as well as the rights to license intellectual property from Melting Point Extracts, another Arizona-based medical marijuana company. The Canadian corporation, which trades on the over-the-counter market under the ticker symbol CBICF, will manage two dispensaries that operate under the brand Health ... Canadian company partners with AZ medical cannabis dispensaries is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs