WeedMD Inc. (OTC: WDDMF) (TSX-V: WMD) is pleased to announce that it has entered into a purchase agreement with the Nova Scotia Liquor Corporation (“NSLC”) to supply its branded cannabis products for the adult-use cannabis market in Nova Scotia.
“We are extremely excited about our partnership with NSLC and that Nova Scotians will have the opportunity to experience WeedMD’s cannabis products in the coming months,” said Keith Merker, Chief Executive Officer of WeedMD. “We are amongst a select group of licensed producers who have been given the opportunity to supply Nova Scotia and we look forward to working with the NSLC in supplying its 12 retail stores and online offering with our trusted cannabis products. With agreements in three provinces, from coast to coast, we continue to lay the foundation for a national distribution network and look forward to expanding our footprint as the country moves towards a legal adult-use market.”
In addition to the NSLC, WeedMD has entered into cannabis supply arrangements with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) and the British Columbia Liquor Distribution Branch (“LDB”). WeedMD has also entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart, subject to Health Canada’s approval of Shoppers Drug Mart’s application to be a licensed distributor. The Company is focused on achieving nationwide distribution at economic prices and remains in conversations with other provincial liquor boards.
Sponsored Content Release
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.