InMed Pharmaceuticals (NASDAQ: INM) announced on Monday that it has entered into a definitive agreement to acquire BayMedica Inc., a private company that manufactures rare cannabinoids.
Establishes leadership position in manufacturing and commercialization of rare cannabinoids
Positions InMed within large and growing consumer health and wellness cannabinoid markets
Transitions InMed into revenue generating company; acquires pipeline with numerous planned product launches