WDDMF - WeedMD: Surviving After The Hiku/Canopy Fallout
Welcome to our Discover Cannabis series, where we publish in-depth research to introduce new cannabis companies to our coverage.
Overview
WeedMD (WDDMF) is a Canadian cannabis company with $150 million in market cap and $2 million revenue in the last quarter. The company started off in 2013 as a medical producer with a special focus on the long-term care sector. After a failed merger with Hiku Brands (OTCPK:DJACF) whereby the latter broke the merger and agreed to be acquired by Canopy Growth (CGC) for $230 million. We think WeedMD remains one