Algae Dynamics Corp. (ADYNF) Poised for Expansion into Canadian Cannabis Oil Market

  • The Government of Canada expects to fully legalize marijuana nationwide by July 2018
  • The Canadian cannabis oil extraction marketplace is projected to grow from C$1 million in 2015 to C$1.7 billion in 2020
  • Algae Dynamics Corp. is uniquely positioned to enter the Canadian cannabis oil market with its experience in algae oil extraction
  • Algae Dynamics will capitalize on the under-served Canadian cannabis oil marketplace

Algae Dynamics Corp. (OTCQB: ADYNF) is uniquely positioned to take advantage of the full legalization of cannabis in Canada by leveraging its expertise and experience with algae oil extraction to expand into the Canadian cannabis oil marketplace. While Algae Dynamics is publicly traded in the U.S., its business is conducted in Canada with no exposure to U.S. federal regulation involving cannabis.

The original core of the company’s product development was extraction of Omega-3 fatty acids from algae with high concentrations of DHA for nutraceutical products. The company plans to leverage its oil extraction expertise in the…


About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s