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cannabis investing

Aphria Signs Canada-Wide Distribution Deal of Adult-Use Cannabis

Bryan Mc Govern
May. 17, 2018 10:03AM PST
Cannabis Investing News

Aphria signed an agreement with Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, once the legalization of recreational cannabis is completed later this year.

Aphria (TSX:APH; OTC:APHQF) signed an agreement with Great North Distributors to serve as exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada, once the legalization of recreational cannabis is completed later this year.

As quoted in the press release:

Under the terms of the agreement, Great North Distributors will be Aphria’s exclusive cannabis representative in Canada. The first-of-its kind deal gives Aphria 100 [percent] coverage of all cannabis retailers, whether provincially or privately operated, across Canada from the first day of legal adult-use sales.

“With this agreement, Aphria has established an unparalleled sales network, and will hit the ground running from the very first day of legal adult-use sales,” said Jakob Ripshtein, Chief Commercial Officer of Aphria. “Great North Distributors provides us with an experienced, dedicated team with a proven track record of driving sales and exceptional performance across all provinces. This deal will ensure that Aphria’s brands and products are proudly represented by cannabis retailers throughout the country.”

Click here to read the full press release.

Source: www.businesswire.com

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