Mr. Michael Perron reports
MTL CANNABIS CORP. EXPANDS GLOBAL REACH WITH LAUNCH OF BRANDED PRODUCTS INTO AUSTRALIAN MEDICAL MARKET
MTL Cannabis Corp. has officially launched its premium branded cannabis products into the rapidly growing Australian medical market.
This strategic expansion marks a significant milestone for MTL's international growth strategy, bringing various key strains to pharmacies across Australia, including:
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Sage n' Sour;
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Strawberry n' Mintz;
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Wes' Coast Kush;
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East Coast Dank'z;
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Frosted Flakes;
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Larry;
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Peanut Butter Gelato.
"We're thrilled to introduce the MTL brand to Australia," said Michael Perron, chief executive officer of MTL. "Our success in Canada is built on consistently delivering quality products that resonate with consumers. We're confident our commitment to excellence will be equally well received in Australia."
Australia's medical cannabis market is experiencing strong momentum, with revenues projected to double from around $600-million in 2024 to more than $1.2-billion by 2028, according to Prohibition Partners' fifth edition of The Global Cannabis Report (1).
Note (1): As referenced by Business of Cannabis in its article "Australia's Medical Cannabis Market Set to Outgrow Europe's Biggest Players."
About MTL Cannabis Corp.
MTL Cannabis is the parent company of Montreal Medical Cannabis Inc., a licensed producer operating from a 57,000-square-foot licensed indoor grow facility in Pointe Claire, Que.; Abba Medix Corp., a licensed producer in Pickering, Ont., that operates a leading medical cannabis marketplace; IsoCanMed Inc., a licensed producer in Louiseville, Que., growing best-in-class indoor cannabis, in its 64,000-square-foot production facility; and Canada House Clinics Inc., operating clinics across Canada that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions.
As a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly craft for the masses. MTL Cannabis focuses on craft quality cannabis products, including lines of dried flower, prerolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. MTL Cannabis has also developed several export channels for bulk and unbranded GACP quality cannabis.
It is MTL's goal for Abba Medix Corp. to become the leading distributor of medical cannabis in Canada and for Canada House Clinics to be the leading Canadian provider of medical cannabis clinic services.
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