Watch: Marijuana companies have budding aspirations for pot legalization in Canada
Vancouver Island’s Tilray is one of 30 companies that can legally produce medical marijuana in Canada.
It’s been quietly producing pot in Nanaimo for two years, with scientists and horticulturalists working side-by-side in a 60,000 square-foot facility that somewhat resembles a maximum security prison.
But behind the concrete and fencing, is a company that was named a top employer in the city in 2014 — bringing an $46-million economic windfall to the city.
“The market is continuing to grow at a rapid pace and we can see a lot of opportunities in the medical marijuana space,” Tilray CEO Greg Engel told Global News.
Engel’s company has its sights on expanding its business even further, with hopes of building a second facility and selling its pot worldwide.
Canada could be poised for a green rush, with Health Canada weeding through hundreds of applications from aspiring growers who want to...
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