WeedMD has yet to sell its first bud, but that's not stopping the Aylmer-based medicinal marijuana producer from growing its business.
The budding industrial grow op, located in Imperial Tobacco's shuttered plant, is eyeing a greenhouse expansion to increase its output tenfold to 300 kilograms per week – but that's not all. The $3 million start-up is getting ready to go public on the Toronto Stock Exchange this spring too.
RELATED: How Bruce Linton and Canopy Growth Corp., parent company of Tweed, built the world’s largest cannabis business.
“It's exciting times and we've certainly been busy,” said Bruce Dawson-Scully, chief executive of WeedMD.
“We have close to 30 employees and we're in full production mode, everything is working very well. We're looking forward to expanding our operations and getting into the market.”
