shoppers drug mart signs deal with aphria

legalcanada

Well-Known Member
https://www.thestar.com/business/2017/12/04/shoppers-drug-mart-partners-with-producer-aphria-for-medical-marijuana.html

VANCOUVER—Marijuana producer Aphria Inc. announced it has entered a five-year agreement to supply pharmacy chain Shoppers Drug Mart with medical cannabis.

The company said Monday that it will provide the pharmacy with four strains of dried marijuana flower in two different sizes and four cannabis oils. All 12 products will carry the Aphria brand name.

The deal comes after many months of discussions and is subject to Health Canada approving the application of the chain’s parent company, Loblaw Companies Ltd., to dispense medical marijuana. Loblaw applied for a licence in October 2016, but neither company can say if or when that application will be approved.

Read more:

Trudeau government willing to give more pot tax revenue to provinces to help municipalities

Supreme Court of Canada case on state-run alcohol monopolies would likely impact provinces’ legal pot plans

New Brunswick says it’s the first province to secure a full cannabis supply

If granted, Aphria said it expects Shoppers Drug Mart will sell Aphria-branded cannabis products online. Current federal regulations allow licensed producers to distribute medical marijuana direct to consumers by mail.

The agreement is expected to have a positive material impact on Aphria’s medical sales revenue, said Aphria CEO Vic Neufeld during a conference call with analysts shortly after the news was announced.

“We have an opportunity to grow as Shoppers Drug Mart grows,” he said, adding Aphria’s committed to not entering discussions or making any business transactions with other national pharmacy banners in excess of a certain size.

If the federal government changes the rules to allow pharmacies to dispense medical marijuana in stores, Neufeld said, “the home run turns into a grand slam.”

The company’s stock closed nearly two per cent higher on the Toronto Stock Exchange on Monday. It gained 22 cents to $11.62.

Aphria is one of several voices advocating for pharmacies to be permitted to distribute medical cannabis.

Loblaw has previously said it believes pharmacists and pharmacies should play a role in medical marijuana distribution, and posted a job ad for a medical marijuana brand manager as Shoppers Drug Mart last month.

“We have been very transparent in our view,” said Catherine Thomas, a spokeswoman, in an email.

“As the federal and provincial governments finalize their respective cannabis frameworks, we remain optimistic that they will allow pharmacists in stores, in communities to apply their professional care to medical cannabis patients.”

The Aphria deal is one of several recent agreements between marijuana producers and pharmacies.

Maricann Group Inc. announced last month it entered into a letter of intent with Lovell Drugs Ltd. to be its primary and exclusive provider of medical cannabis. Lovell Drugs has a dozen pharmacies across Ontario.

Earlier this year, CanniMed Therapeutics Inc. signed a letter of intent with member-owned co-operative PharmaChoice to be its exclusive medical cannabis distributor and to train its pharmacists and pharmacy technicians. The deal is on hold until the first legislation change that allows pharmacies to distribute medical cannabis and will be completed within 60 days of that change.
 

gb123

Well-Known Member
we.ll be taking Shoppers to court..
guesss they don't see that coming or its all part of doin poison business lol
 

legalcanada

Well-Known Member
does this mean it's going to have a DIN and be covered by insurance??? for some reason i highly doubt it. shoppers also has higher dispensing fees than anywhere else i've seen. only people with insurance or pharmacare go there

they want to fleece us not their fellow suits
 

dienowk

Well-Known Member
does this mean it's going to have a DIN and be covered by insurance??? for some reason i highly doubt it. shoppers also has higher dispensing fees than anywhere else i've seen. only people with insurance or pharmacare go there

they want to fleece us not their fellow suits
They do waive all dispensing fees for people on disability though which makes them a better option for people unable to work. Government has to give it a DIN and they refuse/will continue to refuse.
 

Farmer.J

Well-Known Member
you poor bastard you...sad sad sad sad they put you through the ringer they did! :cry:
I know eh, it was when I first got my script. I figured if I purchase the whole allowance each month I could up my script on my next appointment. I was going the ACMPR route and wanted as many plants as possible. But now I know that wasn't necessary.

I am a bastard by definition, but that's a different story lol.
 

legalcanada

Well-Known Member
yes aphria i registered with at first too, i tried 'limerick' (pre98 bubba) and 'treasure island' (some pure CBD strain) and they were OK but it was shakey dry popcorn bottom of the bag garbage then i found out they irradiate so i phoned them to ask, i say do you practice irradiation aka cold pasteurization? and the guys like, hold on i'll find out..... yeah we're good man we do

i'm like good? you're retarded wtf cancel my shit right now
 

gb123

Well-Known Member
faircannacare is offering $2 grams and up tho plus $15 grams of shatter soon apparently

haven't tested their product myself but there is NO way they could compete with that - that's less than the taxes alone !!
not many who don't know what they are doing, could 8-)
 
Top