Canada has not experienced the influx of medical marijuana patients that it had hoped for, just under 40,000, and now companies are looking to take advantage of the next big market - exports. While the marijuana industry is growing immensely in North America, the rest of the world is trailing behind in legalization and many counties hope to join the industry soon. One Canadian company, Tilray, will soon begin exporting THC and CBD oil capsules to Croatia, and soon Australia , making them the first Canadian company to export cannabis to other countries.
"Our intent is to build a global company that is investing significantly in global expansion. There is often this misconception that medical cannabis is a North American phenomenon, and that's not the case. We see massive changes in places like Australia and throughout the EU.''