In spite of government regulations, Shoppers Drugs Mart finds a way into weed

[alexd]

Aphria Enters into Supplier Agreement with Shoppers Drug Mart

Conference call December 4, 2017 at 5:30 pm ET

Leamington, Ontario – December 4, 2017 – Aphria Inc. (“Aphria” or the “Company”) (TSX: APH and US OTC: APHQF) today announced that it has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart.

Under the terms of the agreement the Company will supply Aphria branded medical cannabis products. Subject to Health Canada’s approval of Shoppers Drug Mart’s application to be a licensed producer, the products will be sold online, as Canadian regulations currently restrict the sale of medical cannabis in retail pharmacies.

“We have an impeccable record cultivating and producing high-quality, medical-grade cannabis,” said Vic Neufeld, CEO of Aphria. “These traits make us a strong partner for an organization looking to serve and support Canadian patients.”

About Aphria

Aphria Inc., one of Canada’s lowest cost producers, produces, supplies and sells medical cannabis. Located in Leamington, Ontario, the greenhouse capital of Canada, Aphria is truly powered by sunlight, allowing for the most natural growing conditions available. Aphria is committed to providing pharma-grade medical cannabis, superior patient care while balancing patient economics and returns to shareholders.

 

[acheron]

What do you mean, “in spite of government regulations” - Shoppers was in on medicinal weed for ages.

From October 2016:
Shoppers Drug Mart wants in on dispensing medical marijuana

 

[Mondieu]

...and other than your aunt Mary and Great uncle Tobias, it doesn’t make a lick of difference to how this all plays out. The market has spoken.

100 years late to the party, with a heavy dose of apprehension only lengthen the time it takes for consumers to realize there’s a better, pre-existing option.

 

[el presidente Highsteppa]

I'm okay with the medicinal weed selling - it stays in line with their corporate policy.

It's the cops that are getting in on this that piss me off and sends the wrong message and image to the public.

 

[Wiseman]

Shoppers sells medicine already. Of course they would sell medicinal weed.

 

[Bernnie Federko]

They also sell oxy and all type of uppers and downers, and food,, perhaps liquor is next. .

 

[alexd]

What do you mean, “in spite of government regulations” - Shoppers was in on medicinal weed for ages.

From October 2016:
Shoppers Drug Mart wants in on dispensing medical marijuana

Well pharmacies haven't been been approved for sales under ACMPR since the beginning and this seems to be a way they are working around that to get into the weed game.

 

[acheron]

if they're making this public then it's highly likely their application from 2016 has resulted in the legislation being revised to allow pharmacies to dispense marijuana as they would any other controlled substance. It only makes sense.

 

[basketballjones]

They also sell oxy and all type of uppers and downers, and food,, perhaps liquor is next. .

you can bet on that since loblaws bought shoppers. why not get your meds and booze in the same spot

 

[Bernnie Federko]

But not cigarettes, because they are carcinogenic