VIVO Cannabis Inc ''(formerly ABcann Global)'' is a Canadian licensed cannabis producer, headquartered in Napanee, Ontario. Prior to being acquired by MediPharm Labs Corp., VIVO traded on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...

as VIVO.

History

VIVO received two of the first 15 licences by

Health Canada Health Canada (HC; french: Santé Canada, SC)Health Canada is the applied title under the Federal Identity Program; the legal title is Department of Health (). is the Structure of the Canadian federal government#Departments, with subsidiary unit ...

in 2014. It became a

publicly traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

in April 2017 on the

TSX Venture Exchange The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading f ...

. In August 2017, the company received a $15 million investment by Cannabis Wheaton to fund the second production facility at its 65-acre property in

Napanee Greater Napanee is a town in Eastern Ontario, southeastern Ontario, Canada, approximately west of Kingston, Ontario, Kingston and the county seat of Lennox and Addington County. It is located on the eastern end of the Bay of Quinte. Greater Nap ...

. Effective January 24, 2020, the company's stocks were moved from the TSX Venture Exchange to the

. In April 2023, VIVO merged with TSX-listed MediPharm Labs Corp. () in an all-stock deal that resulted in VIVO becoming a subsidiary of MediPharm.

Operations

The company has three cannabis brands: Beacon Medical, Fireside and Lumina. The products are grown using seeds from the

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

, and a computerized process where each plant is controlled and monitored. The company has a comprehensive research partnership with the

University of Guelph , mottoeng = "to learn the reasons of realities" , established = May 8, 1964 ()As constituents: OAC: (1874) Macdonald Institute: (1903) OVC: (1922) , type = Public university , chancellor ...

to enhance cannabis production and uses. In February 2018, VIVO acquired Harvest Medicine Inc, a medical cannabis clinic with 9,700 patients. In August 2018, they acquired Canna Farms, a licensed producer located in

Hope, British Columbia Hope is a district municipality at the confluence of the Fraser and Coquihalla rivers in the province of British Columbia, Canada. Hope is at the eastern end of both the Fraser Valley and the Lower Mainland region, and is at the southern end ...

. VIVO works with the

Ontario Cannabis Store The Ontario Cannabis Retail Corporation, operating as Ontario Cannabis Store (OCS), is a Crown corporation that manages a legal monopoly over the online retail and wholesale distribution of recreational cannabis to consumers and privately opera ...

and the Alberta Gaming, Liquor, and Cannabis Commission as a supplier of recreational marijuana to

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Ca ...

and

Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...

. Canna Farms, a VIVO subsidiary, is a supplier of recreational marijuana to

British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...

through the B.C. Liquor Distribution Branch.

References

{{reflist

External links

VIVO Cannabis Website
Cannabis cultivation Canadian companies established in 2017 Companies formerly listed on the Toronto Stock Exchange Companies formerly listed on the TSX Venture Exchange Cannabis in Ontario Agriculture companies established in 2017 2017 establishments in Ontario