- Business
- MPX International Corporation (MPXOF), founded in 2015 and headquartered in Toronto, Ontario, Canada, operates as a multinational diversified cannabis company focused on cultivating, manufacturing, extracting, and marketing cannabinoid-based products for medical and consumer markets across seven countries on five continents, including Canada, Switzerland, South Africa, Malta, Australia, Germany, and Thailand. The company offers a broad portfolio encompassing over 90 medical SKUs such as EU-GMP quality cannabis oils, derivatives, and tablets; more than 60 consumer and wellness SKUs including hemp prerolls, concentrates, extracts via supercritical CO2 and ethanol processes, distillates, nano-emulsions, and custom formulations utilizing nine cannabinoids; and branded products under HOLYWEED, beleaf, SALSUS, MPX labs, Canveda, SPARTAN WELLNESS, HIGH12, STRAIN REE, PENNIES, Kingsway, DAIZE, and alice, complemented by retail operations, e-commerce, and distribution channels targeting regulated medical and adult-use segments. Operations feature vertically integrated facilities from highly automated indoor grows to multi-hectare outdoor farms, GMP-compliant production sites, Swiss extraction labs, and retail outlets emphasizing education and premium experiences. Following its 2020 spin-off from iAnthus Capital Holdings via a $1.6 billion merger that segregated non-U.S. assets, MPX International completed the 2019 acquisition of a GMP-ready pharmaceutical facility in Malta from Alphafarma in partnership with Bortex for local manufacturing support and EU medical cannabis production, alongside the acquisition of HolyWeed as a Swiss premium organic cannabis entity, positioning it for expanded global distribution and innovation in cannabinoid therapeutics.