A woman walks into a Shoppers Drug Mart pharmacy, a department store chain in Canada.

bargainmoose

Canada’s Shoppers Drug Mart Inks Third Deal to Provide MMJ to Consumers

Canadian medical cannabis producer Tilray has entered an agreement with the nation’s largest provider of pharmacy products and services, Shoppers Drug Mart, to sell its products to consumers, according to a KamloopsBCNow report. This is the third medical cannabis producer to strike a deal with Shoppers Drug Mart – Aphria and MedReLeaf announced their own agreements in December.

“Tilray’s products are currently sold in pharmacies in seven countries around the world. Today’s announcement is another strategic milestone as we aim to build the world’s leading medical cannabis brand by increasing availability of a diverse range of pharmaceutical-grade cannabis products for patients in need.” Brendan Kennedy, Tilray CEO, to KamloopsBCNow

According to the report, all three deals rely on Health Canada’s approval of Shoppers’ medical cannabis producer application. A spokesperson for Loblaw Companies Ltd., the parent company of Shoppers Drug Mart, told the Canadian Press that the company could not estimate when – or if – the approval might occur.

“As the federal and provincial governments finalize their respective cannabis frameworks, we remain optimistic that they will allow pharmacists in stores, in communities to apply their professional care to medical cannabis patients.” Loblaw spokesman Kevin Groh, to the Canadian Press

Adult-use cannabis legalization is expected in Canada in July.

Get daily cannabis business news updates. Subscribe

Have an additional perspective to share? Send us a message to let us know, and if your comment is chosen by our editors it could be featured here.

Sponsor message:

End


Latest Cannabis News

View all news Get email updates

Featured Business Profiles

Create a profile View all categories

From Our Partners