Canify AG and MG Health Announce Strategic Merger in Medical Cannabis Sector

Canify AG and MG Health Limited have announced a merger to create a leading international medical cannabis provider. This merger builds on their two-year collaboration and aims to expand their reach across multiple countries, including Germany, the UK, and Australia. The combined entity will offer a fully vertically integrated platform, covering production, pharmaceutical processing, and distribution.

MG Health's facility in Lesotho will provide significant cost advantages due to optimal growing conditions and low energy costs. The merger underscores a shared commitment to quality and patient-centered care. The companies also emphasize social responsibility, with MG Health investing in local community development and sustainable employment.

The merger anticipates regulatory approvals and aims to strengthen international market presence, including planned expansions into Switzerland. Both parties are confident this partnership will foster sustainable growth and innovative healthcare solutions.