Sproutly Canada (CSE:SPR,OTCQB:SRUTF) announced on Tuesday (December 3) that its wholly-owned subsidiary, Toronto Herbal Remedies, has entered into a cannabis standing offer contract with the province of Alberta through Alberta Gaming, Liquor & Cannabis.
As quoted in the press release:
Pursuant to the Supply Agreement, Sproutly will supply AGLC with its indoor-grown dried flower products produced from THR, under the Company’s premium cannabis brand ‘CALIBER’. The Alberta Supply Agreement is the Company’s first executed provincial supply agreement for cannabis flower to date.
“Our Supply Agreement with AGLC marks the launch of our ‘CALIBER’ products to recreational consumers throughout one of the largest legal provincial markets in Canada by revenue, validating the demand of our products from customers and retailers across the country.” said Keith Dolo, CEO & Director of Sproutly. “With over 340 licensed physical cannabis retailers to date, the most out of any Canadian province, our partnership with AGLC will be a fantastic opportunity to seamlessly introduce our ‘CALIBER’ branded products in an established market, beginning with our premium dried flower portfolio. We look forward to replicating this success in additional markets across Canada”.