Medbright AI Investments Inc (MBAIF)

[MarketProphet]

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Canada’s Vinergy Resources (VNNYF) is also taking active steps toward growing its product portfolio to become a key player in the global cannabis industry. Late last year, the company announced plans to acquire MJ BioPharma, a cannabis technology company focused on the development of new extractions and formulations for medicinal and recreational use, both domestically and internationally. In addition to the MJ BioPharma acquisition, Vinergy has also initiated the acquisition of up to 51 percent of a large European plant with an extensive catalogue of more than 2,000 cannabis and hemp strains. The name of the European company has not yet been disclosed.