Are you looking for the biggest cannabis companies in the world? If so, you've come to the right place. In this article, we'll take a look at some of the largest cannabis companies in the world and what they do. Trulieve is Florida's largest medical cannabis company and holds a commanding 51% of the state's market. The company serves 380,000 patients in Florida and has 1.9 million square feet of growing space.
Trulieve also holds medical marijuana licenses in California, Massachusetts and Connecticut and operates 71 retail stores across the United States. Columbia Care recently obtained a final order from the Supreme Court of British Columbia that approves their business combination with Cresco Labs. Cresco Labs is now the leader in cannabis with the acquisition of Columbia Care. GrowGeneration Corp.
has also announced the opening of their 60th store in Mount Holly, New Jersey. Innovative Industrial Properties is different from other cannabis giants on this list as they focus on selling and leasing land and facilities needed to grow cannabis products. The company recently acquired Spektrum Cannabis GmbH to sell medical cannabis in Germany and partnered with Alicaliber S. Tilray was the first Canadian company to export medical cannabis to the United States for clinical testing. They have also partnered with Sandoz, a subsidiary of Novartis, to share their brand, distribute and sell medical cannabis in legal markets around the world. OrganiGram has a five-year partnership with Canndoc, the largest producer of medical cannabis in Israel.
Under their agreement, OrganiGram supplies 3000 kilograms of dried flower products to Canndoc every year for sale in the Israeli medical cannabis industry. During recent elections, Maryland and Missouri legalized recreational use of cannabis while North Dakota, South Dakota and Arkansas voted against election proposals on cannabis. Cannabis is becoming increasingly popular around the world as more countries legalize its use for both medical and recreational purposes. As such, it's no surprise that some of the biggest companies in the world are now involved in this industry. Trulieve, Columbia Care, Cresco Labs, GrowGeneration Corp., Innovative Industrial Properties, Tilray and OrganiGram are just some of the biggest names in cannabis today.
Each company has its own unique approach to producing and selling cannabis products, making them all worth keeping an eye on as this industry continues to grow.
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