Yes, Cannasouth is the only one on NZX . They use a very approaching and practical method by : buying and acquired Land to Grow for themselves and got 60% in Midwest Pharmaceutics ( which allow them to manufacturing and produce without waiting for a license to produce as others ,this is very costly and time effective.)
• Cannasouth expands with acquisition of an initial 60% stake
in Midwest Pharmaceutics NZ Limited (Midwest).
• The acquisition will accelerate Cannasouth’s development of
its medicinal cannabis business in New Zealand and will
provide immediate revenues from the date of acquisition.
• The acquisition will add significantly to the suite of
licences that can be utilised by the Cannasouth group.
• The acquisition complements the recent joint venture
entered into with Mr Aaron Craig to form Cannasouth
Cultivation Limited for the development and cultivation of
medicinal cannabis in the Waikato region.
• The acquisition significantly progresses the Company’s key
vertical integration strategy “from seed to sale”.
The others are flashing the cash :)