Recent Developments
Back on March 11, Cannalogue published a press release in which it made quite a splash by informing the industry about its presence. The company underlined the fact that it is an Amazon-like service for medical cannabis consumers in Canada. Customers would be able to get products recommended by physicians after a few taps on his or her phone.
As is well known, there are companies that already provide people with the option of buying medical cannabis online; however, no other company provides the unique services offered by Cannalogue. The Chief Executive Officer and the President of the company Dr. Mohan Cooray said as much. He said, "Contrary to products currently available to consumers at the recreational level, our medical staff attends to the needs of patients to determine the best treatment plan possible. Our clinically-focused approach gives patients better control over their health and long-term symptoms."
The company has clearly introduced a product that has the potential of becoming a major hit among customers. However, as of now, it is privately held, and people who might be interested in investing in Cannalogue may have to be an accredited or professional investor or might need to wait for the company to complete an IPO, if at all.