Shoppers Drug Mart may have yet to receive its medical cannabis license from Health Canada, but it is moving full steam ahead to make sure it has secured multiple Canadian cannabis suppliers to provide its customers with products.
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TORONTO, Ontario, Feb. 8, 2018 /Weed Wire/ – Tilray, a global pioneer in medical cannabis research, cultivation, processing and distribution, today announced the completion of its Series A funding round totaling C$60 million. The round was comprised of a group of leading global institutional investors.
Shoppers Drug Mart marijuana is one step closer to reality after a public Canadian marijuana company announced that it has signed on to be the Canadian pharmacy chain’s second medical marijuana supplier.
Following market close on Dec. 4, 2017, Aphria Inc. (TSX:APH), an Ontario-based licensed producer of medical cannabis, made headlines when it announced that it had entered into an agreement to be the medical cannabis supplier for Shoppers Drug Mart, a Canadian pharmacy chain.
FREDERICTON, New Brunswick, May 5, 2017 /Weed Wire/ — Premier Brian Gallant joined representatives from STU, Shoppers Drug Mart and the New Brunswick Health Research Foundation to announce the establishment of a health research chair on cannabis at the university.
Shoppers Drug Mart spokesperson Tammy Smitham told CityNews that “effective immediately prescriptions for medical marijuana will be covered up to an annual maximum of $1,500.” Loblaw employees would also be covered. Loblaw owns Shoppers.
On May 5, 2016, Galen Weston, president of Loblaw (OTC:LBLCF), Canada’s largest drugstore and grocery chain, announced at the company’s annual general meeting that Loblaw believes pharmacies should be able to dispense medical marijuana.
One of Canada’s largest pharmacy chains is reportedly pushing to become a provider of medical marijuana.