MTL Cannabis strikes a deal with Canada House, will expand cultivation footprint

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Summary

Licensed producer MTL Cannabis is going public via a reverse takeover of cannabis company Canada House, the two parties have announced. The deal will also provide MTL Cannabis access to Canada House’s operating teams, retail sales portfolio and medical channels, with a direct-to-patient model focused on military veterans, and a clinic network with 14 locations nationwide. This approach ensures we produce great weed that the consumer wants and allows retailers to feel confident in the MTL products they carry,” Clement said. The Clement brothers previously worked as Health Canada licensed growers for medical patients before starting the company. “The consumer is asking for more of our flower, at the same quality as Sage n’ Sour. To meet their demands and build additional brands, we need more space,” said Mitch Clement, chief operating officer of MTL Cannabis. “Staying committed to the craft of growing a consistent supply of high-quality cannabis for the masses is what we focus on daily.

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Licensed producer MTL Cannabis is going public via a reverse takeover of cannabis company Canada House, the two parties have announced.

Founded by brothers Rich and Mitch Clement, MTL Cannabis has become known for its top-selling Sage n’ Sour cultivar, a cross between Sour Diesel and S.A.G.E. that’s high in THC, but also has a punch of the nonpsychoactive cannabinoid cannabigerol (CBG).

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