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Medical cannabis is where the profit is, Bedrocan CEO Jaap Erkelens says

One of the oldest medical cannabis companies in the world is returning to Canada after exiting that market five years ago.

Based in Veendam, Netherlands, Bedrocan International was founded in 1984 as an agricultural production company.

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Bedrocan got into cannabis seed development in 1992; a decade later, it received its first medical marijuana cultivation license from the Dutch government.

CEO Jaap Erkelens told MJBizDaily that Bedrocan was awarded a new medical cannabis production license from Health Canada on Sept. 27 and is returning to the same building in Scarborough, Ontario, where it previously operated.

The facility can produce up to 3,600 kilograms (7,937 pounds) of flower annually but will only produce a fraction of that to start, Erkelens said, with production starting in

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