Canadian company Tweed Inc., which has just won a medical marijuana-growing licences from the federal government, wants to be listed on the TSX Venture Exchange, reports CBC.

Read: Federal red tape stresses families, biz owners

It’s advised the exchange that after it goes through the listing process, it would like to take over a ticker owned by venture capital company LW Capital Pool Inc.

Tweed Inc. is based in Smith’s Falls, Ont., and it will grow the marijuana in the town’s former Hershey’s chocolate plant, says CBC.

Read more here.

Also read:

Low job growth a problem small firms can help fix

Canada’s new venture capital plan problematic: IIAC