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Canadian Cannabis Corp Joint Venture to Acquire 70% of Medicinal Cannabis Resource Centers Inc.

Submitted by Marijuana News on Fri, 04/29/2016 - 09:27

Canadian Cannabis Corp announced a joint venture between its wholly owned subsidiary, The Clinic Network (TCN) and Medicinal Cannabis Resource Centers Inc. (MCRCI).

TCN is the association of 52 clinics in the province of Ontario that are staffed and administrated by licensed healthcare professionals. MCRCI operates three specialty clinics focused on medical cannabis therapeutic effects, located in Vancouver, Kamloops and Montreal. MCRCI was voted Canada's Top Cannabis Clinic by Lift Cannabis in the Canadian Cannabis Awards.

In the joint venture, TCN and MCRCI have designed patient centric programs that focus on patient well being, by informing physicians and employers of the benefits of medicinal marijuana as an alternative therapy, utilizing MCRCI's proven educational resources. Currently, MCRCI directly manages over 3,300 patients who on average order 0.95 grams of cannabis per day to treat their symptoms. This represents revenue to producers of cannabis in Canada of over CAD $8,300,000 per year. Patients...

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