Cannabis is becoming increasingly popular around the world, and with it, the industry is growing. There are now many cannabis companies that are leading the way in terms of production and distribution. In this article, we will take a look at some of the biggest cannabis companies in the world. Aphria Inc.
is one of the largest marijuana companies in the world, with a market capitalization of one and a half billion. They specialize in producing cannabis oil in various forms, and recently joined the New York Stock Exchange (NYSE). The company is also expanding into the European market, having recently obtained a license for medical cannabis in Greece. Trulieve is Florida's largest medical cannabis company, controlling around 51% of the state's market.
Tilray was the first Canadian company to export medical cannabis to the United States for clinical testing. Innovative Industrial Properties is a unique business among these cannabis giants, as they focus on selling and leasing land and facilities for growing cannabis products. Tilray has also partnered with Sandoz, a subsidiary of Novartis, to share their brand and 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 this agreement, OrganiGram supplies 3000 kilograms of dried flower products to Canndoc each year for sale in the Israeli medical cannabis industry.
Germany and Italy are taking the lead in this sector, while the United Kingdom is already the largest producer of medical cannabis in the world. These are just some of the biggest cannabis companies in the world today. As more countries legalize marijuana for both recreational and medicinal use, we can expect to see even more growth in this industry.