Florida medical cannabis company Bluma Wellness Inc. is now trading on the Canadian Stock Exchange under the BWEL.U code.
Bluma Wellness Inc., a Florida medical-cannabis company, has begun trading on the Canadian Stock Exchange. Regulators approved the listing after its reverse takeover of Sol Global Investments’ portfolio company CannCure Investments Inc.
Bluma’s common shares are headquartered in Toronto, Ontario, Canada, and previously listed on the CSE under Goldstream Minerals Inc. Bluma owns OnePlant in Florida and has a new 54,000-square-foot Nexus greenhouse facility in Indiantown and 24,000 square-foot greenhouses in Ruskin. Its three dispensaries are located in Boynton Beach, Jacksonville Beach and St. Petersburg, and said it plans to add seven dispensaries and distribution centers by November 2020.
The company opened its next dispensary at Port St. Lucie.
After completing the reverse takeover, CEO Brady Cobb said in a statement last week that the first harvest at the Indiantown plant is expected to reach One Plant’s dispensaries next month. He added that the flowers grown at the Nexus plant will increase from 300 pounds per month to 1,300 pounds per month.
This article is issued by Ganjapreneur.