Marijuana Business Magazine - May-June 2018

orchid growers, who are being offered employment. Canopy was slated to invest $8.12 million (CA$10 mil- lion) in the joint venture. As Spectrum Cannabis develops its grow facilities, it will import product from Canada.The company hopes to capital- ize on Denmark’s market, which has a strong pharmaceutical industry and foundation in research. Spectrum Cannabis plans to develop around a dozen can- nabis strains as well as oils and capsules. Company: Tikun Olam Line of Business: MMJ cultivation and research Headquarters: Tel Aviv, Israel Why toWatch: Tikun Olam is among the companies setting the international bar for the cannabis industry. Outside its • INDOOR AIR: Controls mold, mildew, and odor • WATER: Eliminates pathogens while adding oxygen • WASTE WATER: Contaminate control and BOD/COD reduction • SURFACE SANITATION: Kills harmful microbes on all surfaces ClearWater Tech Ozone Disinfection | 800.262.0203 | 805.549.9724 | sales@cwtozone.com THE INDUSTRIES LEADER in SUSTAINABILITY for your WATER and AIR MANAGEMENT since 1986 PROVIDING SUPERIOR ODOR AND MILDEW REMEDIATION FOR YOUR CANNABIS GROW FACILITY Ozone is the most effective and sustainable tool available to manage multiple issues within a grow facility. ClearWater Tech manufactures a variety of ozone related products to apply to virtually every aspect of the grow facility. Let one of our experienced application engineers help you select the proper product and eliminate your challenges with the production of Cannabis. C1-Series Cart CIP Panel-Mount home nation, the company has medical cannabis business inter- ests in Australia, Canada and at least seven U.S. states. It also has plans to enter the European market this year. Within Israel, the company grows MMJ and uses its research arm to create new strains and conduct patient research. Tikun Olam Care, its cannabis nursing clinic, serves more than 20,000 patients. Tikun Olam said 2017 was its “largest growth year since starting its U.S. operations in 2015.” In early 2018, the com- pany closed on a $7 million offering of 6% convertible prom- issory notes that mature in March 2019. A spokeswoman said the money would go toward further U.S. expansion. ◆ – Kristen Nichols, Bart Schaneman and John Schroyer contrib- uted to the article. GOING GL BAL