Delta 9 and Canopy Earn Retail License in Manitoba

Cannabis Investing News

Delta 9 Cannabis in partnership with Canopy Growth Corporation announced it obtained a retail license for recreational cannabis in Manitoba.

Delta 9 Cannabis (TSXV:NINE) in partnership with Canopy Growth Corporation (TSX:WEED) announced it obtained a retail license for recreational cannabis in Manitoba.

As quoted in the press release:

The issuance of the license is contingent on the signing of a formal agreement with the provincial government, which include meeting a series of conditions attached to the retail licensing process.

The license would authorize the Delta 9/Canopy Growth partners to build and operate a chain of retail stores throughout the Province of Manitoba. The first location for Delta 9 has already been constructed in the Osborne Village area of Winnipeg, and has been operating for several months as a resource centre and clinic. That location will become the first of many more stores, says Company CEO John Arbuthnot.

“It is hard to overstate how important this award is for our company, our shareholders, and for the future of the legal cannabis industry in Manitoba,” Arbuthnot said. “As the only Manitoba producer licensed to sell cannabis, and partnered with the world’s largest cannabis company, we feel we are uniquely situated to serve the Manitoba market with both quantity and quality of product.”

Click here to read the full press release.

Source: www.newswire.ca

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