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    cannabis investing

    Delta 9 Signs Supply Agreement with Sundial Growers

    Bryan Mc Govern
    Mar. 15, 2018 08:57AM PST
    Cannabis Investing News

    Delta 9 announced an agreement to by 5,000 kilograms of cannabis from Alberta-based Sundial Growers.

    Delta 9 (TSXV:NINE) announced an agreement to by 5,000 kilograms of cannabis from Alberta-based Sundial Growers.

    As quoted in the press release:

    The purchase is designed to increase Delta 9’s ability to meet the anticipated market demand following the full legalization of adult-use cannabis in Canada. The agreement commits Sundial to supply up to 5,000 kilograms of both dried cannabis and/or cannabis derivatives “to meet or exceed” Delta 9’s market demand in the period post-legalization. Delta 9 CEO John Arbuthnot says the agreement was reached as part of the company’s commitment to supply the Manitoba market. Delta 9 and partner Canopy Growth Corporation (Canopy Growth) (TSX:WEED) were selected in February by the Manitoba government as one of four successful bidders to a license to retail cannabis in the province.

    Delta 9 and Canopy Growth have committed a significant supply of cannabis product for the provincial market. Delta 9 is increasing its annual production in Manitoba to 17.5 million grams per year by the end of 2019.

    Click here to read the full press release.

    Source: www.newswire.ca

    cannabis investingcanopy growth corporationcanadatsx weed
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