Nice work Matica! not missing a beat! Topical cannabis market participants
Matica Enterprises (CSE:MMJ,FWB:39N,OTCQB:MMJFF) is one of the cannabis companies honing in on the medical cannabis topicals market. Matica formed a partnership with Quebec-based health and personal care research company Yunify Natural Technologies in 2018 by acquiring a 40 percent interest in the company. Through this partnership, Matica is working to develop proprietary time-released topical creams among other cannabis products for the pain management market.
Seeing the unique opportunities presented by the cannabis topicals market, some of the biggest names in the cannabis industry are getting involved. Aurora Cannabis (TSX:ACB) is offering topical medical cannabis creams through its Cannimed subsidiary. In 2018, Aurora also acquired MedReleaf, the first Canadian licensed producer to offer topical cannabis products. Non-cannabis-specializing companies are getting in on the game as well, with the likes of major cosmetics brand Sephora partnering with licensed producers to offer cannabis-infused beauty and skin care products.
Things are looking up!
All the best!
Sloppy.