CannTrust Set to Supply Quebec with Recreational Cannabis

CannTrust Holdings (NYSE:CTST,TSX:TRST) completed its letter of intent with the Société québécoise du cannabis (SQDC) for supply of recreational marijuana in Quebec.

As quoted in the press release:

“This LOI signifies the first step towards a long and impactful relationship with the SQDC and consumers in Quebec. This is an important milestone as we have secured national distribution across all ten provinces for our adult-use products,” said Peter Aceto, Chief Executive Officer, CannTrust. “This will allow us to develop our brand presence in Quebec at a time when consumers are beginning to develop their preferences.”

The LOI will serve as an introduction of CannTrust’s recreational brands to the Quebec market beginning with two of the Company’s most established strains that will be available through SQDC later this year.

Click here to read the full press release.