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WeedMD cracks growing and attractive care home market

Bruce Scully, chief executive of WeedMD Inc (CVE:WMD) tells Proactive they're set to provide nine care homes in Ontario with medical cannabis  after striking an exclusive supply agreement.

The deal is with three providers - peopleCare Communities, Arbour Heights and the Belmont Long Term Care Facility, totalling over 1,000 beds across the state.

With a demographic growing at four times the rate of the broader population, the company views the long-term care and seniors' market as one of the most attractive medical markets.

 

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