NetworkNewsWire Editorial Coverage: As the legal cannabis market continues to grow, new deals are creating opportunities for a range of companies and an influx of investments. PreveCeutical Medical, Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (PRVCF Profile) has teamed up with research institutions in Australia and gained a government permit to import cannabis for development of its drug delivery system. Cannabis for this project will be supplied by Aurora Cannabis (OTCQX: ACBFF) (TSX: ACB), a company experiencing significant production growth, including a deal for a new joint venture in Denmark. ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF) (ABCCF Profile) is expanding its production facilities and utilizing a computer-controlled system to ensure the best growing conditions, while Aphria, Inc. (TSX: APH) (OTCQB: APHQF) has developed an expansion strategy using targeted investment and collaborations to help the company and its partners grow. And with legal recreational cannabis coming to Canada, Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) has secured a $191 million investment from Constellation Brands to support new products such as cannabis-infused soft drinks.
Demand for Cannabis Grows
The cannabis market is growing fast as more states and countries legalize its use for both medical and recreational purposes. This is allowing companies to invest heavily in cannabis research to develop drugs and other products for this growing market. Research and design is becoming increasingly…
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