| Zenabis Global Inc. | |
| Foundation: | 2014 |
| Founders: | Monty Sikka, Mark Catroppa |
| Fate: | Acquired by HEXO Corp. |
| Area Served: | Global |
| Predecessor: | International Herbs Medical Marijuana Ltd |
| Industry: | Cannabis |
| Products: | Zenabis (medical marijuana) Namaste (recreational marijuana) Blazery (recreational marijuana) Re-Up (recreational marijuana) |
Zenabis Global Inc. was a Canadian medical and recreational marijuana producer.
Zenabis was originally known by the name International Herbs Medical Marijuana Ltd. and was co-founded by Monty Sikka and Mark Catroppa.[1] It purchased its first facility in 2014 in New Brunswick and received a cultivation license from Health Canada in 2017.[2] Zenabis received its sales license for dried marijuana from Health Canada in 2018, and received its license to sell cannabis oil in March 2019.[3] [4] In January 2019, Zenabis’s parent company Sun Pharm completed a reverse take-over of Bevo Agro Inc., leading to the two firms operating under the banner of Zenabis Global Inc.[5] The company was traded on the TSX under the ticker symbol ZENA.
Like all medical marijuana companies in Canada, Zenabis has struggled on the stock market.[6] The company was acquired by HEXO Corp in 2021 in an all-stock deal.[7]