It was just announced that Canopy Growth (OTC:TWMJF) (TSX:CGC) subsidiary Tweed, Inc. received a dealer license, expanding the research and development capabilities beyond that of just dry herb and cannabis oil. 

New Licensees 

As mentioned in our article about Tweed's new license, one existing licensed dealer has already been collaborating on research and development of valuable cannabis related IP with 22nd Century Group (NYSE:XXII) and presumably more will follow. 

Limited Competition

With only 18 existing licensed dealers, these companies stand to benefit greatly from the limited competition. Additionally, we believe that some of the licensed dealers below (excluding those held by universities) could become acquisition targets for the capital-rich public cannabis companies that don't want to go through a multi-year application process.

Licensed Dealers

According to a Government of Canada website, the following is a list of laboratories that have a current Dealers License under the Narcotic Control Regulations and who are licensed to conduct special activities with cannabis. 

• A&L Canada Laboratories Inc.

• Alberta Innovates Technology Futures

• Anandia Laboratories Inc.

• ARA Avanti Rx Analytics Inc.

• AxxonLab Inc.

• British Columbis Institute of Technology

• C-Crest Laboratories Inc.

• University of Alberta

• Experchem Laboratories Inc.

• Keystone Labs Inc.

• LaboratoirePhytoChemia Inc.

• Labs-Mart Inc.

• M.B. Laboratories Ltd.

• Northern Vine Canada Inc.

• Research and Productivity Council

• Saskatchewan Research Council

• Supra Research and Development

• Tweed Inc. 

• University Health Network

For more information on Canada's licensed dealers and which provinces they operate in, click here.