Delta 9 Shares Manitoba Cannabis Retail Update

- October 1st, 2018

Delta 9 Cannabis received approval to move forward on the retail license application process in Manitoba.

Delta 9 Cannabis (TSXV:NINE) received approval to move forward on the retail license application process in Manitoba.

As quoted in the press release:

Delta 9 was notified in a letter from Manitoba Growth, Enterprise and Trade that the Company has passed the initial screening for retail store applicants, and will be included in a pre-qualified list for the opportunity to enter a ‘lottery’ for a cannabis retail store license. The timing of the lottery has not yet been determined.

Delta 9 already holds a license to build and operate retail stores in the Province of Manitoba, following an announcement by the government in February of this year. The current RFP is intended to extend the provincial government’s licensing of cannabis operations specifically to smaller towns that would otherwise experience difficulties accessing legal cannabis when the federal Cannabis Act takes effect on October 17, 2018.

Delta 9 has been granted site specific licenses for its first two retail outlets in Thompson, Manitoba and in the St. Vital area of Winnipeg. The Company is also awaiting the finalization of two more site specific agreements for retail cannabis outlets in the downtown core of Brandon, Manitoba and in the Osborne Village area of Winnipeg.

Click here to read the full press release.

Source: www.newswire.ca

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