WeedMD Strikes Exclusive Deal to Bring Mary’s Medicinals Line of Premium Cannabis Products to Canada

Article by Angela Harmantas, Proactive Investors

WeedMD strikes exclusive deal to bring Mary's Medicinals line of premium cannabis products to Canada In addition to distribution, WeedMD will manufacture Mary’s Medicinals in house with its own input biomass at its CX Industries facility in Ontario Angela Harmantas Mary’s Brands manufactures topicals, transdermal patches and gel pens under the Mary’s Medicinals line of products

WeedMD Inc (CVE:WMD) (OTCQX:WDDMF) said Wednesday it had struck a deal with US-based cannabis wellness house MM Technology Holdings LLC to bring a premium line of products to Canada.

The medical cannabis producer will become the sole Canadian distributor of Mary’s Brands, which manufactures topicals, transdermal patches and gel pens under the Mary’s Medicinals line of products.

WeedMD will manufacture Mary’s Medicinals in house with its own input biomass at its CX Industries facility in Ontario. The Toronto-based company will also market and sell Mary’s Medicinal products using its own distribution channels.

The deal helps WeedMD to expand its cannabis offerings to address an “underserved” wellness and medical market segment, according to the company.

“As we move into the next level of product development, it’s imperative that we strategically partner with established brands that share our core values and Mary’s Brands offers a superior product line that is backed by a team truly dedicated to ensuring the quality, integrity and efficacy of its product offerings,” said Angelo Tsebelis, CEO of WeedMD in a statement.

“We’re proud to be selected as Mary’s exclusive Canadian producer and distributor. With our cultivation platform and CX extraction operations fully ramped-up, there’s the added pride of developing these renowned products in-house as we expand with new cannabis formats into a lucrative, yet underserved consumer segment.”

Read the full article here.

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