Tweed Inc., an Ontario company that won a federal licence today to grow medical marijuana, plans to seek a listing on the TSX Venture Exchange.

It has sent a letter of intent to the Toronto Stock Exchange saying it plans to take over a ticker owned by LW Capital Pool Inc. as soon as it can complete the regulatory process for listing on the Venture Exchange.

The company will grow medical marijuana plants at its site in a former Hershey Co. plant in Smiths Falls, Ont., about 80 km southwest of Ottawa. Registration begins Feb. 6 for patients wanting to buy its product.

Its master grower, Ryan Douglas, previously worked as cultivation manager for a state regulated, medical marijuana production facility in Maine.

It secured a licence to become a commercial supplier of marijuana from Health Canada, one of five companies that are listed as approved suppliers. 

Canada changed the laws that allowed medical marijuana users to grow their own product last year.

Starting in October, licences were no longer available to those who wish to grow their own medical marijuana. As of April 2014, the practice will be outlawed.

Anyone using medical marijuana will need to get it from a licensed medical supplier.

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  • Pot price by province and select U.S. states

    This data is based on crowdsourced averages from PriceOfWeed.com. Numbers are for "high quality" weed, as identified by submitters.

  • Quebec: $191.51 per ounce

    Cheapest weed in Canada.

  • Prince Edward Island: $193.29 per ounce

  • New Brunswick: $193.90 per ounce

  • British Columbia: $200.07 per ounce

  • Oregon: $214.79 per ounce

    Cheapest weed in the U.S.

  • Alberta: $226.55 per ounce

  • Manitoba: $227.86 per ounce

  • Ontario: $237.24 per ounce

  • Saskatchewan: $239.31 per ounce

  • California: $249.79 per ounce

  • Yukon: $253.75

  • Nova Scotia: $272.26 per ounce

  • Newfoundland and Labrador: $292.73 per ounce

  • Northwest Territories: $333.33 per ounce

  • New York State: $353.90 per ounce

  • North Dakota: $415.89 per ounce

    Most expensive weed in the U.S.

  • Nunavut: $783.86

    Most expensive weed in Canada.

  • Also on HuffPost: WHICH PROVINCE CONSUMES THE MOST POT?

  • Canada - 12.2 Per Cent

    3,429,678 people These are the <a href="http://www.statcan.gc.ca/daily-quotidien/130918/dq130918a-eng.htm" target="_blank">StatsCan totals</a> for Canadians age 15 years and older in the 12 months of 2012. Use included cannabis and hashish.

  • 10. Saskatchewan - 10.1 Per Cent

    81,676 people

  • 9. P.E.I. - 10.4 Per Cent

    12,437 people

  • 8. New Brunswick - 11 Per Cent

    68,444 people

  • 7. Newfoundland And Labrador - 11.1 Per Cent

    47,344 people

  • 6. Quebec - 11.5 Per Cent

    763,278 people

  • 5. Manitoba - 11.5 Per Cent

    110,235 people

  • 4. Alberta - 11.8 Per Cent

    361,247 people

  • 3. Ontario - 12.1 Per Cent

    1,331,299 people

  • 2. B.C. - 14.2 Per Cent

    538,434 people

  • 1. Nova Scotia - 14.8 Per Cent

    115,285 people <a href="http://huff.to/18g3q4l" target="_blank">Trailer Park Boys thesis proved</a>.

  • NEXT: Where In The World Do Kids Smoke The Most Pot?

  • 29. Norway

    - 4.55 per cent of children aged 11, 13 and 15 report having used marijuana in the last year. All data from <a href="http://www.unicef.org/policyanalysis/index_68637.html" target="_blank">UNICEF'S Child Well-Being Index</a> for 2013.

  • 28. Sweden

    - 5.54 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 27. Romania

    - 6.08 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 26. Greece

    - 6.6 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 25. Iceland

    - 7 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 24. Finland

    - 8.02 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 23. Germany

    - 8.55 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 22. Austria

    - 10.04 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 21. Portugal

    - 10.05 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 20. Hungary

    - 10.54 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 19. Denmark

    - 11.51 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 18. Slovakia

    - 13.04 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 17. Ireland

    - 13.11 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 16. Lithuania

    - 14.24 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 15. Poland

    - 14.60 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 14. Estonia

    - 14.69 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 13. Luxembourg

    - 15 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 12. Belgium

    - 16.07 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 11. Italy

    - 16.62 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.

  • 10. Netherlands

    - 17.05 per cent of children aged 11, 13 and 15 report having used marijuana in the last year.