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  • Writer's pictureTed Ohashi

Canadian Cannabis License Application Watch

One new Licensed Producer was approved in the week ending July 20, bringing the number of LPs to 114.

PhyeinMed was approved for cultivation of dried marijuana in B.C. There have been 34 LPs approvals this year. In the past 59 weeks there have been 72 new Licensed Producer approvals.

Of the 114 LPs: 36 are Cultivation & Sale, 73 are Cultivation and 5 are Sale Only. On the list of Fresh Marijuana & Oil producers, there are 32 LPs approved: 19 as Production & Sale, 9 approved for Production and 3 approved as Sale Only. In the category “Sale of Starting Materials,” 10 LPs are approved to sell starting materials: 8 approved to sell plants and 2 approved to sell seeds.

There are 35 public companies that are LPs or own an interest in one or more LPs and more are on the way.

Licensed producers by province: Ontario (61 or 54%), British Columbia (24 or 21%), Quebec (8 or 7%) Alberta (7 or 6%), Saskatchewan (4 or 4%), New Brunswick (3 or 3%), Nova Scotia (3 or 3%), Manitoba (2 or 2%) and Prince Edward Island (1 or 1%). Note: Percent totals may not add up to 100% due to rounding.

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