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Asian companies seeking Canadian cannabis tech

Cannabis legalization is making strides across Asia, as several nations move to dismantle draconian anti-drug laws to capitalize on the fast-growing medical cannabis market.

As the investment opportunities in the cannabis industry in the region grows, several players aiming to be in front of the line for permits to cultivate, extract and export are seeking out partnerships with Canadian seed-to-sale medical cannabis companies.

“Canada’s tech in this sector is much sought after by players in Asia who want to enter the market,” said a spokesman for a Vancouver-based consultancy, which has helped Canadian cannabis companies reach out to Asia.

“Companies that are looking at Asia must have a strong educational component in their plans to help educate the public, politicians and health officials on the benefits of medical cannabis,”said the company official.

Read more at asianpacificpost.com

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