Compass Cannabis Clinics Launches International Venture
CALGARY, Alberta, June 11, 2018 (GLOBE NEWSWIRE) — 10330698 Canada Ltd. (dba Compass Cannabis Clinics, “Compass”) is pleased to announce that it has entered into a letter of intent with Dr. Teresa Towpik which will signal the launch of its operations in Australia under a joint venture entity to be known as Compass Australia. Dr. Towpik is a global leading cannabis expert and physician. She has been a general practitioner in Australia since 1993, where Dr. Towpik has become a leading advocate for patient access to medicinal cannabis since it became legalized in Australia in 2016. Dr. Towpik continues to play an important role in prescribing medicinal cannabis while the process for patient access continues to improve in Australia. She is also the founder of MediHuanna, an organization that provides science-based medicinal cannabis education for physicians and health professionals through the comprehensive curriculum that she developed. The joint venture operation will also be supported with the addition of Dr. Towpik as Chief Medical Officer and a director of Compass Australia, and MediHuanna’s Managing Director Paul Bulkiewicz as a director of Compass Australia. Mr. Bulkiewicz brings a wealth of knowledge in cannabis education and is actively engaged in the creation of physician-focused and accredited curriculum highlighting the role of cannabis in healthcare.
In response to Australia’s growing need for physician and patient education, Dr. Towpik’s curriculum focuses on the development of theoretical and practical skills for physicians. She strongly believes in working with a network of ethical growers, manufacturers, pharmacists, and health professionals across Australia, in an effort to create an allied industry that utilizes an integrative approach to supporting patients. Dr. Towpik sees cannabis as a therapeutic agent that has huge potential for general practice, and specifically for the management of chronic debilitating pain.
With our values being so aligned in patient care and advocacy, it was a natural fit for us to partner with Dr. Towpik as our Chief Medical Officer and Mr. Bulkiewicz as a board member. Having recently visited Australia to learn more about their approach to legalize cannabis in the country, we believe that there is a great opportunity for the Compass business model to thrive there.
Dave Martyn, President of Compass
Compass intends on launching their brand and business model in the Australian market by the end of 2018.
Compass Cannabis is a medical cannabis consultation company whose core business is focused on providing educational and consultation services to Canadians who are able to obtain cannabis from a licensed producer under Canada’s Access to Cannabis for Medical Purposes Regulations. Compass Cannabis has forty clinics that are now open or confirmed across Canada, and was recently selected by the Saskatchewan Liquor and Gaming Authority as a cannabis retailer for Weyburn, SK. The retail license is through their subsidiary company, 10537888 Canada Ltd. and in partnership with Starbuds Colorado, one of the leading multiple state cannabis retailers in the United States. With a rapidly growing patient base currently being served and an aggressive real estate acquisition strategy, the Company is poised to be one of the largest marijuana organizations in Canada.