The partnership will be led through Harvest One’s United Greeneries subsidiary
Harvest one, which recently acquired Delivra in an all-stock deal, has made another big move. The cannabis company announced yesterday that it has entered an agreement to be the medical cannabis supplier for Shoppers Drug Mart. The deal will be managed through United Greeneries Ltd., the wholly-owned subsidiary and cultivation arm of Harvest One.
Shoppers Drug Mart will receive Satipharm-branded medical cannabis for its online medical cannabis website. According to Canadian regulations, there are still strict sales of medical cannabis through pharmacies, and the online portal helps target a market that is not easily accessible.
In a statement about the deal, Harvest One CEO Grant Froese stated, “We are incredibly proud to be working with Shoppers Drug Mart to supply them with our premium, indoor grown cannabis under the Satipharm health and wellness brand. We see this supply agreement as a further step towards fulfilling our vision of being a vertically integrated house of brands in the cannabis health, wellness, and self-care sector.”
United Greeneries operates two facilities – one on Vancouver Island in British Columba and the other, Lucky Lake, in Saskatchewan. The first facility, located in Duncan, has 10,000 square feet of cultivation space and a license from Health Canada for the cultivation and distribution of medical marijuana. The Lucky Lake facility is smaller and can only produce up to 1,000kg of cannabis each year.
Harvest One is going to assist Shoppers Drug Mart in order to help its consumers make smart choices when it comes to selecting cannabis products. The Satipharm products will also be color-coded so they can be identified by their content of tetrahydrocannabinol (THC) and cannabidiol (CBD).
This deal paves the way for the introduction of Satipharm-branded cannabis products in Canada – the first time they have been offered in the country.
