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Saturday, September 22, 2018

Shoppers Drug Mart gets approval to sell marijuana

Shoppers Drug Mart is officially an approved marijuana provider.

The pharmacy retail chain has received the go-ahead from Health Canada to become a licensed medical pot provider, meaning soon it'll be able to dispense medical weed to patients.

Shoppers, which is owned by Loblaw Companies Ltd., applied for the license back in Oct. 2016. 

The approval marks the entry of the pharmaceutical giant into the burgeoning industry of Canadian cannabis. Consuming marijuana recreationally will be legal by Oct. 17.  

While Shoppers has no intention of producing its own medical cannabis, the retail chain has already signed supply deals with other licensed producers like Aurora Cannabis, Aphria Inc. and Tilray Inc. to supply the pharmacy. 

In July, it was also announced that Shoppers and Manulife Financial Corp. had partnered up to start offering enhanced medical marijuana insurance coverage, which will provide customers the opportunity to medical cannabis consultations with Shoppers pharmacists. 


by Tanya Mok via blogTO

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