Med Can Marijuana Inc

Canadian Company Provides Venture Capital for the Canadian Medical Marijuana Industry

 

Burlington, ON -- (ReleaseWire) -- 03/07/2014 -- More than 400 applications have been received by Health Canada to become the historic chosen few to be accepted by Health Canada to be authorized licensed producers of Medical Marijuana. So stringent is the application process only nine applicants have been approved.

As the April 1 2014 deadline looms it is apparent that a crisis is developing that is even been worrying to Health Canada officials. Production levels may not be enough to meet the demand. Canadian medical marijuana patients were licensed last year to consume 190,000 kilograms of dried cannabis.

Paul Wylie CEO of the Burlington Ontario based Can Med Marijuana Inc. said “We regarded the situation as a possible catastrophe in the making. We recognized the need to provide licensees with enough capital to assist them in building the necessary infrastructure to meet the demand”.

Med Can Marijuana Inc. is announcing that they have opened its doors to all enquiries with a new web site designed to be both informational and practical.

About Med Can Marijuana Inc.
Med Can is a venture capital firm dedicated to the Canadian medical marijuana industry.

Med Can recognizes the many pitfalls facing a cannabis startup. We are committed to the licensees to ensure they are successful, the company also intends to maintain its commitment to environmentally friendly business practices. For more information, please visit http://medcanmarijuana.com/.

About Paul Wylie
Mr. Wylie was a founder and director of operations of Hempagro Inc. a research and development company. In 1997 Hempagro successfully planted the first hemp crop in Nicaragua, Central America. Hempagro under Mr. Wylie’s guidance developed a tropical strain Zolgunica95.

Mr. Wylie is the author of “Hemp Conspiracy” a must read book for those growing Cannabis in the tropics.

To learn more about Med Can Marijuana, please contact

Dennis Smith, Media Relations
1100 Burloak Dr., Suite 300.
Burlington, Ontario, Canada
Office: (905) 336-8936
dennis@medcanmarijuana.com