MMJ has been an investor in Weed Me since December 2017 which represents one of the largest investments within the MMJ cannabis and hemp portfolio.
Established in 2016, Weed Me’s is a licenced producer of cannabis with indoor growing facilities located in Ontario and holds Cultivation, Processing and Sales licences under the Cannabis Act from Health Canada.
“We congratulate the management of Weed Me in securing funding in challenging market conditions and believe that its reflects the quality of its business plan and its substantial cultivation assets“, said MMJ Non-Executive Chairman, Peter Wall, ”and we are committed to working closely with Weed Me to deliver superior returns”.
MMJ’s investment in Weed Me comprises of:
Mr Peter Wall, Chairman of MMJ, is a non-executive director of Weed Me.
Read the whole ASX Announcement here
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