Canadian manufacturers of medical cannabis are trying to conquer the markets of other countries

Canadian production of medical cannabis market is developing rapidly. Young companies got stronger and looking for new markets. Now they are aimed at a wide international audience.

According to Neil Klosnera, head MedReleaf Corp. (Toronto), the cannabis market in the world is expanding, and this opens up new opportunities for Canadian companies.

According to analysts, Health Canada is too strict export controls psychoactive hemp, which becomes an obstacle to further expansion of the industry in their own country. Producers want more flexibility for business expansion plan to open new branches in other countries.

MedReleaf, which has partnered with the New York Compassionate Care Center, - one of the five companies, which is fighting for a license to work in New York. The company also aims to gain more distant regions of the world - Europe and South America.

Tweed Marijuana Inc. (Ontario), recently skimp Bedrocan Cannabis Corp., also aims to gain market share in the countries where it is permitted to use medical and psychoactive hemp. Executive Director Bruce Linton says that the rest of this year, the company plans to increase production of the product in their own country, and in 2016 plans to enter international markets. Among the first in the queue - Brazil and Chile.

According to experts, the Canadian federal regulators gave the green light to manufacturers of medical cannabis for global expansion. «Health Canada considers hemp as a pharmaceutical raw material, not only as the basis of the food products category," - says Kurram Malik, an analyst with clean technologies Jacob Securities Inc. "Manufacturers of marijuana for black roar see it as agent for entertainment. Therefore, the cultivation of plants used pesticides and other chemicals that affect human health. Such practices are unacceptable for plant growth standards Health Canada ».

"That's because Canada has a fairly stringent legislation governing the procedure for the cultivation of medical cannabis is grown in the country are among the cleanest in the world of plants without the use of pesticides and fertilizers, - says Malik. - And it is - one of the highest-quality hemp products in North America. "