• Canada House Wellness Group (CSE:CHV) subsidiary, Abba Medix Corp, has registered its 100th medical patient in less than three months.
  • Abba has also added three more strains of medical cannabis to its current product portfolio, bringing their total of available strains to four. 
  • Abba expects to see patient growth rates rise as customer awareness and satisfaction increase.
  • Canada House’s share price is up 20 per cent, with shares trading at $0.03 apiece.

Canada House Wellness Group (CHV) subsidiary, Abba Medix, recently registered its 100th medical patient in less than three months.

This milestone is yet another indicator of the success that the medical cannabis industry is currently experiencing in Canada.

Abba has also recently added three more strains of medical cannabis to its current product portfolio. As a result, Abba now has a total of four strains available for sale to their registered patients. 

Abba’s customer base is gradually becoming more aware of and satisfied with the variety of medical-grade cannabis on offer. Canada House expects to see a considerable rise in patient growth rates in the future.

According to Canada House CEO Chris Churchill-Smith, Abba plans to “expand relationships with users of medical cannabis and cannabis clinics across the country. In addition, we plan to listen to our patients and increase the selection of cannabis products to meet their needs”.

Michael Orrbrooke, President of Abba and Chief Revenue Officer of Canada House, spoke about the company’s plans for future growth. “As Abba’s patient base continues to grow, we will strategically and selectively add complementary strains that our patients covet.”

“In addition to offering a more comprehensive selection of strains, we intend to offer our products in new formats, to provide our medical patients with many options.”

Canada House’s share price is up 20 per cent, with shares trading at $0.03 apiece.

More From The Market Online

Canopy Growth fuels turnaround story with fresh capital

Canopy Growth (TSX:WEED) continues its turnaround story with a C$96.3 million exchange and subscription deal with an institutional investor.

Tilray’s 10 Barrel Brewing introduces new Mexican-style lagers

Tilray Brands (TSX:TLRY) subsidiary 10 Barrel Brewing unveils its latest creation: Pub Cerveza, a southern spirit in a Mexican-style lager.

The Market Online’s Weekly Cannabis Report – May 3, 2024

A federally licensed cultivator has received CUMCS-G.A.P and GACP certification for its cultivation facility in Ontario.

One of the strongest contenders to lead Canada’s cannabis market

Indiva Ltd. (TSXV:NDVA) recently reported its fiscal year 2023 results, showcasing a solid performance across its operations.