Prairie Plant Systems refers to a trailblazing entity in the realm of medical cannabis production, with roots tracing back to its founding in 1988. Originally dedicated to plant biotechnology, the company has since carved out a niche in the cannabis industry, becoming a key player in the supply of medical marijuana in Canada. The evolution of Prairie Plant Systems from a general plant research firm to a cannabis-specific powerhouse highlights the dynamic nature of the industry and the company’s adaptability. Today, Prairie Plant Systems is recognized for its cutting-edge research and sustainable cultivation methods, making it a leader in the field. As the cannabis landscape continues to evolve, Prairie Plant Systems stands as a testament to the potential of innovation and dedication in the pursuit of high-quality medical cannabis. For cannabis enthusiasts and industry professionals alike, Prairie Plant Systems represents a benchmark of excellence and forward-thinking in cannabis cultivation. [Source: Health Canada, Prairie Plant Systems Official Website]
CanniMed Therapeutics Inc. is a Canadian public licensed producer of medical cannabis. It is primarily focused on cannabis oil. The company's predecessor, Prairie Plant Systems, was established in 1988 and is located in Saskatoon, Saskatchewan. In 2013 CanniMed became the first cannabis producer to be licensed under Health Canada regulations that were issued that year. It went public in 2016, and in March 2018 almost all of its stock was acquired by a rival producer, Aurora Cannabis, following a hostile takeover to which company management finally consented.
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| Company type | Subsidiary |
|---|---|
| TSX: CMED | |
| Industry | Medical Cannabis |
| Founded | 1988 |
| Founder | Brent Zettl |
| Headquarters | , |
Area served | Canada |
| Products | Medical cannabis |
| Parent | Aurora Cannabis |
| Website | |