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Growin' Like A Weed: These Are The World's 10 Biggest Marijuana Companies

#10 Auxly Cannabis Group
#10 Auxly Cannabis Group

Ontario-based Auxly Cannabis, which recently changed its name from Cannabis Wheaton Income Corp., is the world’s tenth biggest marijuana company with a market capitalization of $466.11 million.

The company is not a marijuana grower at all, rather it is a royalty and streaming company that is a collection of entrepreneurs.

Auxly Cannabis provides financial support to marijuana companies that need to expand capacity or their product lines. In return, the company receives a percentage of their production at a below-market cost. It then sells what it receives from its licensed partners at the market rate and books the difference as a profit.

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