In 2016, Medcan was founded to bring safe, effective treatment to millions of Australians suffering with lifealtering conditions from chronic pain to epilepsy. Since then, we’ve relentlessly executed on our mission to provide reliable access to patient-specific Medicinal Cannabis products and have grown to become industry-leading innovators along the way.
Our products & patients
Medcan grows, manufactures, exports, and distributes a wide range of medicinal cannabis products. Our products are currently prescribed by specifically trained doctors under the TGA’s Special Access Scheme B to thousands of Australians each month, giving them relief, recovery, and hope (see Channel 9 video).
Medcan has built a strategic suite of complementary businesses. Each valuable in their own right, the combination of these businesses results in a highly accretive, fully vertically integrated business model.
We’re excited to continue growing our business by focussing on building key strengths.
First Australian Medicinal Cannabis company to pay a dividend
454% shareholder uplift since seed round
658% revenue increase FY2020 to FY2021
Our FY22 targets
6,000kg/year manufacturing capacity
10k new patients
60k+ unit sales
$3.4m+ projected EBITDA
20% projected dividend."
Founded in Australia in 2016, Medcan is a medicinal cannabis cultivation, production, research, manufacturing, import, export and distribution company aiming to apply state of the art technologies to produce and distribute GMP medicinal cannabis products to domestic and international markets.Medcan has secured all the licences required to execute its business model including all Office Drug Control (ODC), State (QLD Health), Biosecurity (Department of Agriculture and Water Resources - DAWR) licences. Contact us to find out more.
About BlueMount Capital
BlueMount Capital is an ASIC licensed capital markets group with offices in Sydney, Brisbane, Melbourne, Perth, Los Angeles and Beijing. We have global connections to capital market groups through our colleagues in the USA/UK/Europe and India. We are also a member of Orion International Advisors (formerly IAIB), an exclusive network of investment bankers from America, UK, Europe and Asia.
Our team are experts in helping you capitalize on changing market conditions. Our directors have extensive experience assisting private and public companies, and sophisticated investors.