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Medcolcanna Organics Inc

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uuid003our3

Namestring
Medcolcanna Organics Inc
Legal namestring
Medcolcanna Organics Inc.
Websiteurl
medcolcanna.com
Company typeenum
Public
Founded yearint
2010
Descriptiontext

Medcolcanna Organics Inc. is a Canadian-incorporated, CSE-listed (ticker: MCCN) cannabis company that operates a vertically integrated cultivation and production platform out of Colombia, with headquarters near Bogotá. The company cultivates cannabis and processes it into pharmaceutical-grade flowers, extracts, distillates, isolates, and active pharmaceutical ingredients (APIs), as well as finished consumer products including dermocosmetics, food supplements, and veterinary products. Its technology foundation comprises modern indoor GMP EU-standard facilities, a proprietary genetics programme for exotic Colombian strains (with THC content consistently in the 22.8%-23.1% range), and cell tissue culture laboratories for disease-free propagation. Named flower SKUs include MCCN No. 2 Skywalker, No. 5 Lemon Sour Diesel, and No. 8 OG Kush, sold under the Encanto sub-brand.

The company monetizes through direct B2B relationships with major pharmaceutical wholesalers and pharmacy chains in target international markets — Germany, UK, Poland, and Australia — as well as supplying APIs and intermediates to pharmaceutical manufacturers and consumer-product companies. Pricing is quote-based and not publicly disclosed. It also offers contract production and extraction services to local and international cannabis-industry participants. A strategic R&D partnership with the University of Groningen is funding clinical trials of 12 proprietary formulations targeting epilepsy, chronic pain, and chemotherapy-induced nausea.

Operationally, Medcolcanna is a micro-cap that has funded itself via two small bridge loans (USD $100K in March 2023 and USD $500K in June 2023) from a significant shareholder at 12% interest, and disclosed no revenue. A February 2025 shareholder meeting was convened explicitly to counter perceptions that the company had ceased operations, indicating material operational fragility. The company is led by CEO and founder Felipe de la Vega (former founder/CEO of Trenaco Holding Corporation, which reached USD $800M in revenue) and COO Nicolás Rodríguez, an agricultural engineer with prior agro-industry scaling experience.

Short descriptiontext

Medcolcanna Organics Inc. is a Canadian-incorporated, CSE-listed vertically integrated cannabis company operating from Colombia that cultivates and processes pharmaceutical-grade cannabis flowers, extracts, APIs, and consumer products for export to wholesalers and pharmacies in Germany, UK, Poland, and Australia.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersBogotá, Colombia
HQ citystring
Bogotá
HQ countrystring
Colombia
HQ regionstring
Latin America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmaceutical cannabis cultivation, medical cannabis exports, cannabis flower production, cannabis derivatives manufacturing, medicinal cannabis wholesale
NAICS code3 codes
  • Medicinal and Botanical Manufacturing325411
  • Pharmaceutical Preparation Manufacturing325412
  • Pharmaceutical and Medicine Manufacturing3254
SIC code2 codes
  • Medicinal Chemicals & Botanical Products2833
  • Pharmaceutical Preparations2834
Product category
Medicinal Cannabis
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Cannabis Flower Exports
TypeTransaction Fee
Description

Production and export of pharmaceutical-grade THC cannabis flowers to high-value international markets including Germany, UK, Poland, and Australia

medcolcanna.com
2Cannabis Extracts, Distillates & Isolates
TypeTransaction Fee
Description

Production of cannabis derivatives including extracts, distillates, and isolates for pharmaceutical, nutraceutical, and cosmetic applications

medcolcanna.com
3Active Pharmaceutical Ingredients (API)
TypeTransaction Fee
Description

Pharmaceutical-grade cannabis APIs for use in medicinal product manufacturing

medcolcanna.com
4Dermocosmetics & Consumer Products
TypeTransaction Fee
Description

Finished consumer products including dermocosmetics, food supplements, and veterinary products derived from cannabis

medcolcanna.com
5Production & Extraction Services
TypeProfessional Services
Description

Contract production and extraction services for international and local industries supporting the cannabis industry's development

medcolcanna.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Pricing details1 tier
1B2B wholesale and pharmaceutical pricing
ModelOtherBilling cadencePay-as-you-go
Notes

Pricing available upon inquiry. Sales conducted through direct relationships with major wholesalers and pharmacies.

medcolcanna.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1Encanto
Description

A brand of Medcolcanna Organics (MCCN) that brings people closer to the therapeutic potential of cannabis with easily accessible Colombian flowers. The approach is based on cutting-edge technology, sustainable practices, and rigorous scientific research.

medcolcanna.com
Core offering1 text field

Medcolcanna Organics is a vertically integrated cannabis company that cultivates cannabis in Colombia and transforms it into high-quality raw materials, commodities, and finished cannabis products for the global market. Its portfolio includes pharmaceutical-grade THC cannabis flowers, extracts, distillates, isolates, active pharmaceutical ingredients (APIs), and finished products such as nutraceuticals, dermocosmetics, and medicinal cannabis products supplied to international wholesalers and pharmacies.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • THC content ranges from 22.8% to 23.1% across product strains
+1 more record
Product overview1 text field

Medcolcanna Organics is a vertically integrated cannabis company operating from Colombia that cultivates cannabis and transforms it into high-quality raw materials, commodities, and finished cannabis products. The product portfolio includes multiple product lines: (1) Cannabis flower strains under the MCCN product line including MCCN No. 5 Lemon Sour Diesel (~23.0% THC), MCCN No. 2 Skywalker (~22.8% THC), and MCCN No. 8 OG Kush (~23.1% THC), all non-irradiated and produced in Colombia; (2) Intermediate products including cannabis extracts, distillates, isolates, and Active Pharmaceutical Ingredients (API) for pharmaceutical applications; (3) Finished consumer products including dermocosmetics, pharmaceutical products, food supplements, and veterinary products; (4) The Encanto sub-brand focused on Colombian medical cannabis flowers. The company leverages Colombia's agricultural expertise and climate advantages to serve high-value markets in Germany, UK, Poland, and Australia.

Product and service12 records
1MCCN No. 2 Skywalker (Cannabis Flower Strain)
CategoryFlower Product
Description

A hybrid cannabis flower strain with approximately 22.8% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Contains terpenes including limonene, beta-caryophyllene, and myrcene. Supplied to international pharmaceutical wholesalers and pharmacies.

2MCCN No. 5 Lemon Sour Diesel (Cannabis Flower Strain)
CategoryFlower Product
Description

A hybrid cannabis flower strain with approximately 23.0% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Supplied to international pharmaceutical wholesalers and pharmacies.

3MCCN No. 8 OG Kush (Cannabis Flower Strain)
CategoryFlower Product
Description

A hybrid cannabis flower strain with approximately 23.1% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Supplied to international pharmaceutical wholesalers and pharmacies.

4Cannabis Extracts, Distillates, and Isolates
CategoryIntermediate Products
Description

Cannabis derivatives including extracts, distillates, and isolates produced through pharmaceutical processes for use in pharmaceutical, nutraceutical, and cosmetic applications.

5Active Pharmaceutical Ingredients (API)
CategoryIntermediate Products
Description

Pharmaceutical-grade cannabis-derived active pharmaceutical ingredients for use in medicinal product formulations by pharmaceutical manufacturers.

6Dermocosmetics Line
CategoryFinished Product
Description

Cannabis-based dermocosmetic products for topical applications, derived from the company's cannabis extraction processes.

7Pharmaceutical Products
CategoryFinished Product
Description

Medicinal cannabis products manufactured under pharmaceutical-grade processes for patient treatments, developed in collaboration with clinical research partners.

8Food Supplements
CategoryFinished Product
Description

Cannabis-based nutritional supplements for health and wellness applications, produced from the company's cannabis derivatives.

9Veterinary Products
CategoryFinished Product
Description

Cannabis-derived products formulated for animal health applications, leveraging the company's cannabis extraction capabilities.

10Encanto Sub-brand Cannabis Flowers
CategoryFinished Product
Description

A sub-brand of Medcolcanna Organics focused on Colombian medical cannabis flowers, leveraging cutting-edge technology, sustainable practices, and rigorous scientific research to bring patients therapeutic cannabis products.

11GMP EU Flowers
CategoryFinished Product
Description

High-quality cannabis flowers produced under Good Manufacturing Practice (GMP) EU standards, featuring hybrid genetics and proprietary strain varieties for international export.

12Production & Extraction Services
CategoryServices
Description

Contract production and extraction services for international and local industries, supporting the cannabis industry's development through collaborative and partnership approaches.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Medcolcanna collaborates with the University of Groningen to clinically trial 12 specific formulations for 12 medical conditions that have been scientifically validated as being treatable with cannabis. This partnership supports clinical validation of the company's proprietary cannabis formulations and product development for conditions including epilepsy, chronic pain, and chemotherapy-induced nausea and vomiting.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

US multi-state cannabis operator with international ambitions and product formulation expertise. Adjacent comparable in terms of finished product development (dermocosmetics, supplements) targeting similar wholesale and consumer channels.

TypeBroad incumbent
Description

Canadian cannabis producer with international medical distribution in Germany and other EU markets. Comparable wholesale/government-channel strategy and pharmaceutical-grade positioning.

TypeDirect peer
Description

Colombian cannabis cultivator producing extracts and dried flower for international medical markets. Direct competitor leveraging the same Colombian agricultural cost advantage and pursuing similar B2B pharmaceutical-grade distribution strategy.

TypeBroad incumbent
Description

Large Canadian cannabis producer with global medical cannabis operations across Europe and Australia. Represents a broader incumbent competitor with substantially greater capital, established international distribution, and similar target-market overlap.

TypeDirect peer
Description

Colombian-headquartered, NASDAQ-listed cannabis cultivator producing GMP-certified cannabis flower, extracts, and APIs for international markets. Closest direct comparable to Medcolcanna given shared Colombian low-cost cultivation base, GMP EU focus, and pharmaceutical-grade B2B go-to-market.

6Flora Growth
TypeDirect peer
Description

Cannabis cultivator and manufacturer based in Colombia with operations spanning cultivation, processing, and consumer products. Comparable Colombian production base and vertically integrated model targeting international B2B and consumer channels.

TypeDirect peer
Description

Canadian-listed biopharmaceutical company with cannabis cultivation in Colombia, focused on pharmaceutical-grade cannabinoid products for medical and cosmetic applications. Direct overlap with Medcolcanna's API, dermocosmetic, and clinical-validation approach.

TypeBroad incumbent
Description

Canadian-headquartered global cannabis company with international medical cannabis operations. Broad incumbent competitor in pharmaceutical-grade flower and APIs across multiple jurisdictions overlapping Medcolcanna's target markets.

TypeDirect peer
Description

Vertically integrated Colombian cannabis company with medical product focus across Latin America and Europe. Comparable operating geography (Colombia), vertical integration model, and medical/wholesale customer base targeting similar indications.

TypeBroad incumbent
Description

Global cannabis and CPG company with established EU and Australian medical cannabis operations. A larger incumbent serving overlapping pharmaceutical and wholesale channels, providing a benchmark for scale Medcolcanna would need to reach.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Medcolcanna Organics Inc

Medicinal Cannabismedcolcanna.com

Medcolcanna Organics Inc. is a Canadian-incorporated, CSE-listed vertically integrated cannabis company operating from Colombia that cultivates and processes pharmaceutical-grade cannabis flowers, extracts, APIs, and consumer products for export to wholesalers and pharmacies in Germany, UK, Poland, and Australia.

What Medcolcanna Organics Inc does

Medcolcanna Organics Inc. is a Canadian-incorporated, CSE-listed (ticker: MCCN) cannabis company that operates a vertically integrated cultivation and production platform out of Colombia, with headquarters near Bogotá. The company cultivates cannabis and processes it into pharmaceutical-grade flowers, extracts, distillates, isolates, and active pharmaceutical ingredients (APIs), as well as finished consumer products including dermocosmetics, food supplements, and veterinary products. Its technology foundation comprises modern indoor GMP EU-standard facilities, a proprietary genetics programme for exotic Colombian strains (with THC content consistently in the 22.8%-23.1% range), and cell tissue culture laboratories for disease-free propagation. Named flower SKUs include MCCN No. 2 Skywalker, No. 5 Lemon Sour Diesel, and No. 8 OG Kush, sold under the Encanto sub-brand.

The company monetizes through direct B2B relationships with major pharmaceutical wholesalers and pharmacy chains in target international markets — Germany, UK, Poland, and Australia — as well as supplying APIs and intermediates to pharmaceutical manufacturers and consumer-product companies. Pricing is quote-based and not publicly disclosed. It also offers contract production and extraction services to local and international cannabis-industry participants. A strategic R&D partnership with the University of Groningen is funding clinical trials of 12 proprietary formulations targeting epilepsy, chronic pain, and chemotherapy-induced nausea.

Operationally, Medcolcanna is a micro-cap that has funded itself via two small bridge loans (USD $100K in March 2023 and USD $500K in June 2023) from a significant shareholder at 12% interest, and disclosed no revenue. A February 2025 shareholder meeting was convened explicitly to counter perceptions that the company had ceased operations, indicating material operational fragility. The company is led by CEO and founder Felipe de la Vega (former founder/CEO of Trenaco Holding Corporation, which reached USD $800M in revenue) and COO Nicolás Rodríguez, an agricultural engineer with prior agro-industry scaling experience.

Medcolcanna Organics Inc firmographics

Firmographics
Name
Medcolcanna Organics Inc
Legal name
Medcolcanna Organics Inc.
Website
https://medcolcanna.com
Company type
Public
Founded year
2010
Operating status
Operating
Headcount range
51–100 employees
Short description
Medcolcanna Organics Inc. is a Canadian-incorporated, CSE-listed vertically integrated cannabis company operating from Colombia that cultivates and processes pharmaceutical-grade cannabis flowers, extracts, APIs, and consumer products for export to wholesalers and pharmacies in Germany, UK, Poland, and Australia.
Ownership category
akta.pro rank

Where Medcolcanna Organics Inc is headquartered

Location

Headquarters

HQ city
Bogotá
HQ country
Colombia
HQ region
Latin America

Offices2 records

Markets served

Medcolcanna Organics Inc business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. Cannabis Flower Exports: Production and export of pharmaceutical-grade THC cannabis flowers to high-value international markets including Germany, UK, Poland, and Australia
  2. Cannabis Extracts, Distillates & Isolates: Production of cannabis derivatives including extracts, distillates, and isolates for pharmaceutical, nutraceutical, and cosmetic applications
  3. Active Pharmaceutical Ingredients (API): Pharmaceutical-grade cannabis APIs for use in medicinal product manufacturing
  4. Dermocosmetics & Consumer Products: Finished consumer products including dermocosmetics, food supplements, and veterinary products derived from cannabis
  5. Production & Extraction Services: Contract production and extraction services for international and local industries supporting the cannabis industry's development

Pricing tiers

ModelBillingPrice
OtherPay-as-you-goB2B wholesale and pharmaceutical pricing

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Medcolcanna Organics Inc product offering

Product offering

Core offering

Medcolcanna Organics is a vertically integrated cannabis company that cultivates cannabis in Colombia and transforms it into high-quality raw materials, commodities, and finished cannabis products for the global market. Its portfolio includes pharmaceutical-grade THC cannabis flowers, extracts, distillates, isolates, active pharmaceutical ingredients (APIs), and finished products such as nutraceuticals, dermocosmetics, and medicinal cannabis products supplied to international wholesalers and pharmacies.

Product overview

Medcolcanna Organics is a vertically integrated cannabis company operating from Colombia that cultivates cannabis and transforms it into high-quality raw materials, commodities, and finished cannabis products. The product portfolio includes multiple product lines: (1) Cannabis flower strains under the MCCN product line including MCCN No. 5 Lemon Sour Diesel (~23.0% THC), MCCN No. 2 Skywalker (~22.8% THC), and MCCN No. 8 OG Kush (~23.1% THC), all non-irradiated and produced in Colombia; (2) Intermediate products including cannabis extracts, distillates, isolates, and Active Pharmaceutical Ingredients (API) for pharmaceutical applications; (3) Finished consumer products including dermocosmetics, pharmaceutical products, food supplements, and veterinary products; (4) The Encanto sub-brand focused on Colombian medical cannabis flowers. The company leverages Colombia's agricultural expertise and climate advantages to serve high-value markets in Germany, UK, Poland, and Australia.

Differentiator

Problem solved

Functional benefit

Brands

  • Encanto: A brand of Medcolcanna Organics (MCCN) that brings people closer to the therapeutic potential of cannabis with easily accessible Colombian flowers. The approach is based on cutting-edge technology, sustainable practices, and rigorous scientific research.

Products and services

  • MCCN No. 2 Skywalker (Cannabis Flower Strain) A hybrid cannabis flower strain with approximately 22.8% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Contains terpenes including limonene, beta-caryophyllene, and myrcene. Supplied to international pharmaceutical wholesalers and pharmacies.
  • MCCN No. 5 Lemon Sour Diesel (Cannabis Flower Strain) A hybrid cannabis flower strain with approximately 23.0% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Supplied to international pharmaceutical wholesalers and pharmacies.
  • MCCN No. 8 OG Kush (Cannabis Flower Strain) A hybrid cannabis flower strain with approximately 23.1% THC and <1.0% CBD content, non-irradiated and produced in Colombia. Supplied to international pharmaceutical wholesalers and pharmacies.
  • Cannabis Extracts, Distillates, and Isolates Cannabis derivatives including extracts, distillates, and isolates produced through pharmaceutical processes for use in pharmaceutical, nutraceutical, and cosmetic applications.
  • Active Pharmaceutical Ingredients (API) Pharmaceutical-grade cannabis-derived active pharmaceutical ingredients for use in medicinal product formulations by pharmaceutical manufacturers.
  • Dermocosmetics Line Cannabis-based dermocosmetic products for topical applications, derived from the company's cannabis extraction processes.
  • Pharmaceutical Products Medicinal cannabis products manufactured under pharmaceutical-grade processes for patient treatments, developed in collaboration with clinical research partners.
  • Food Supplements Cannabis-based nutritional supplements for health and wellness applications, produced from the company's cannabis derivatives.
  • Veterinary Products Cannabis-derived products formulated for animal health applications, leveraging the company's cannabis extraction capabilities.
  • Encanto Sub-brand Cannabis Flowers A sub-brand of Medcolcanna Organics focused on Colombian medical cannabis flowers, leveraging cutting-edge technology, sustainable practices, and rigorous scientific research to bring patients therapeutic cannabis products.
  • GMP EU Flowers High-quality cannabis flowers produced under Good Manufacturing Practice (GMP) EU standards, featuring hybrid genetics and proprietary strain varieties for international export.
  • Production & Extraction Services Contract production and extraction services for international and local industries, supporting the cannabis industry's development through collaborative and partnership approaches.

Quantifiable outcome

  • THC content ranges from 22.8% to 23.1% across product strains
  • +1 more outcomes

Companies that use Medcolcanna Organics Inc

Customer profile

Segments4 records

Ideal customer profiles3 records

Medcolcanna Organics Inc technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Medcolcanna Organics Inc partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • University of GroningencoreStrategic or Co-development PartnerMedcolcanna collaborates with the University of Groningen to clinically trial 12 specific formulations for 12 medical conditions that have been scientifically validated as being treatable with cannabis. This partnership supports clinical validation of the company's proprietary cannabis formulations and product development for conditions including epilepsy, chronic pain, and chemotherapy-induced nausea and vomiting.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Medcolcanna Organics Inc competitors and assessment

Company assessment

Broad incumbents

  • Cresco Labs: US multi-state cannabis operator with international ambitions and product formulation expertise. Adjacent comparable in terms of finished product development (dermocosmetics, supplements) targeting similar wholesale and consumer channels.
  • OrganiGram Holdings: Canadian cannabis producer with international medical distribution in Germany and other EU markets. Comparable wholesale/government-channel strategy and pharmaceutical-grade positioning.
  • Aurora Cannabis: Large Canadian cannabis producer with global medical cannabis operations across Europe and Australia. Represents a broader incumbent competitor with substantially greater capital, established international distribution, and similar target-market overlap.
  • Canopy Growth: Canadian-headquartered global cannabis company with international medical cannabis operations. Broad incumbent competitor in pharmaceutical-grade flower and APIs across multiple jurisdictions overlapping Medcolcanna's target markets.
  • Tilray Brands: Global cannabis and CPG company with established EU and Australian medical cannabis operations. A larger incumbent serving overlapping pharmaceutical and wholesale channels, providing a benchmark for scale Medcolcanna would need to reach.

Direct peers

  • PharmaCielo: Colombian cannabis cultivator producing extracts and dried flower for international medical markets. Direct competitor leveraging the same Colombian agricultural cost advantage and pursuing similar B2B pharmaceutical-grade distribution strategy.
  • Clever Leaves Holdings: Colombian-headquartered, NASDAQ-listed cannabis cultivator producing GMP-certified cannabis flower, extracts, and APIs for international markets. Closest direct comparable to Medcolcanna given shared Colombian low-cost cultivation base, GMP EU focus, and pharmaceutical-grade B2B go-to-market.
  • Flora Growth: Cannabis cultivator and manufacturer based in Colombia with operations spanning cultivation, processing, and consumer products. Comparable Colombian production base and vertically integrated model targeting international B2B and consumer channels.
  • Avicanna: Canadian-listed biopharmaceutical company with cannabis cultivation in Colombia, focused on pharmaceutical-grade cannabinoid products for medical and cosmetic applications. Direct overlap with Medcolcanna's API, dermocosmetic, and clinical-validation approach.
  • Khiron Life Sciences: Vertically integrated Colombian cannabis company with medical product focus across Latin America and Europe. Comparable operating geography (Colombia), vertical integration model, and medical/wholesale customer base targeting similar indications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

Medcolcanna Organics Inc social profiles

Digital presence

Medcolcanna Organics Inc financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medcolcanna Organics Inc leadership team

Management profile

Number of profiles

Profiles2 records

Medcolcanna Organics Inc funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medcolcanna Organics Inc M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medcolcanna Organics Inc

What does Medcolcanna Organics Inc do?

Medcolcanna Organics is a vertically integrated cannabis company that cultivates cannabis in Colombia and transforms it into high-quality raw materials, commodities, and finished cannabis products for the global market. Its portfolio includes pharmaceutical-grade THC cannabis flowers, extracts, distillates, isolates, active pharmaceutical ingredients (APIs), and finished products such as nutraceuticals, dermocosmetics, and medicinal cannabis products supplied to international wholesalers and pharmacies.

Is Medcolcanna Organics Inc a public or private company?

Medcolcanna Organics Inc is a public company. It is classified as public and is currently operating.

When was Medcolcanna Organics Inc founded?

Medcolcanna Organics Inc was founded in 2010. It employs 51 to 100 people.

Where is Medcolcanna Organics Inc based?

Medcolcanna Organics Inc is headquartered in Bogotá, Colombia, in the Latin America region.

How does Medcolcanna Organics Inc make money?

Five revenue lines are on record. Cannabis Flower Exports are the primary driver. The others are cannabis Extracts, Distillates & Isolates, active Pharmaceutical Ingredients (API), dermocosmetics & Consumer Products and production & Extraction Services.

Who are Medcolcanna Organics Inc's main competitors?

Broad incumbents on record are Cresco Labs, OrganiGram Holdings, Aurora Cannabis, Canopy Growth and Tilray Brands. Direct peers are PharmaCielo, Clever Leaves Holdings, Flora Growth, Avicanna and Khiron Life Sciences.

Does Medcolcanna Organics Inc have an API?

No public API is recorded for Medcolcanna Organics Inc.

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Live signals
GlobeNewswireMedcolcanna Organics Inc. Announces Closing of Upsized Convertible Debenture FinancingMedcolcanna Organics closed the second and final tranche of its convertible debenture offering, raising $0.25 million gross, bringing total proceeds to $1.25 million. The debentures convert at $0.20 per share with 14% annual interest and a two-year term. Proceeds will fund working capital and raw material purchases.GlobeNewswireMedcolcanna Organics Inc. Announces Financial Results for the Second Quarter of 2020Medcolcanna Organics reported Q2 2020 results with revenue of $1.19 million and a net profit of $18,151. The company raised $2.6 million after quarter end and received final approval for commercial cannabis production. It also listed on NEO and delisted from TSXV.GlobeNewswireMedcolcanna Organics Inc. Announces Listing on The NEO Exchange And Delisting of Common Shares From The TSXVMedcolcanna Organics Inc. will list its common shares on the NEO Exchange on October 14, 2020, after delisting from the TSXV on October 13, 2020. The shares will trade under the symbol MCCN, with no shareholder action required.GlobeNewswireMedcolcanna Organics Inc. Announces it Has Entered Into a Distribution Agreement, Has Secured Financing With Greenstein Capital Ltd.Medcolcanna entered a distribution agreement with Greenstein Capital to commercialize its cannabis products in Europe, with a minimum purchase of 1,000 kg per year. The company also secured CAD $800,000 in share issuance and debentures, with terms including a 14% interest rate and a 2-year term. The companies plan to continue discussions toward a corporate transaction.GlobeNewswireMedcolcanna Organics Inc. Announces Financial Results for the Year Ended December 31, 2019 and for the First Quarter of 2020Medcolcanna Organics Inc. filed its annual financial results for 2019 and Q1 2020, reporting a $2.8 million cash balance at year-end and a $1.1 million balance in Q1 2020. The company posted a net loss of $7.2 million for 2019 and $1.48 million for Q1 2020, and received final approval for commercial production of cannabis strains from its Colombian operations.GlobeNewswireMedcolcanna Organics Inc. Announces Financial Results forMedcolcanna Organics reported Q2 2019 results, ending with a $6.4 million cash balance and a $1.5 million capital expenditure reduction. The company completed 2.1 hectares of greenhouses in Colombia and advanced seed evaluation with ICA, expecting to finalize the first ten seeds by October 2019.GlobeNewswireBroadway Gold Mining Ltd Announces Proposed Acquisition of Medcolcanna (BVI) Corp. and Related Financing TransactionsBroadway Gold Mining entered a binding letter agreement with Medcolcanna (BVI) Corp. to complete a reverse takeover, with Medcolcanna's Colombian subsidiary producing medical cannabis. The deal includes a 1-for-1 share exchange, a 9-to-1 consolidation, and a spin-out of Broadway's mining assets. Medcolcanna plans additional financing offerings to expand operations.