Avicanna Employees

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Avicanna Company Information

Avicanna is an international biopharmaceutical company engaged in the development and commercialization of advanced cannabinoid-based products. Based in Toronto, Canada, the company operates through four main business pillars: Medical Cannabis Products, Medical Cannabis Care, Pharmaceutical Products, and Active Pharmaceutical Ingredients. Avicanna has successfully commercialized over thirty proprietary, evidence-based products, facilitated by a robust scientific platform that includes research and development (R&D) and clinical development. In 2023, Avicanna reported a revenue of $16.8 million, marking a 314% increase from the previous year. The company’s R&D efforts are also supported by its Toronto headquarters, which focus on developing innovative drug delivery systems such as sustained release tablets, transdermal patches, and nano-particle formulations. Avicanna holds four pending patents, has received seven Canadian Government Research Grants since 2020, and possesses four Health Canada cannabis R&D licenses. Additionally, its subsidiary, Aureus Santa Marta, ensures a low-cost and consistent cannabinoid supply through in-house cultivation and extraction, having exported active pharmaceutical ingredients to 17 international markets. Avicanna is listed on multiple stock exchanges, including TSX: AVCN, OTCQX: AVCNF, and FSE: 0NN.

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