HEXO Signs Distribution Deal for Online Sales in Quebec

HEXO (TSX:HEXO) announced the signing of a new contract for the management of a warehouse and distribution center for online orders in Quebec with Metro Supply Chain Group.

As quoted in the press release:

HEXO and Metro will work together to run the modern 58,000 [square feet] facility located in Montreal. The facility consists of a warehouse and distribution centre, will house product from all the licensed producers who have contracts with the SQDC and will contribute to the creation of 35 new jobs in Quebec.

The distribution centre has been positioned in the Montreal area to facilitate logistics and provide a closer link to the majority of the Quebec population. The distribution centre will serve as the sole distribution point for all direct-to-consumer shipments within the province of Quebec for orders placed through the SQDC online webstore.

Additionally, HEXO has attained accreditation from the Autorité des marchés financiers to contract with government organizations such as the SQDC. This is a required authorization for companies conducting over one million dollars in business with the government of Quebec for both services and the supply of products.

Click here to read the full press release.

Source: globenewswire.com