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Cannabis Wheaton recently announced an exclusive distribution alliance

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chasem   Wednesday, 09/27/17 06:45:38 PM
Re: chasem post# 58
Post # of 100 
Cannabis Wheaton recently announced an exclusive distribution alliance with a national chain of independent pharmacies. Under the terms of the exclusive 10-year agreement, the two companies will develop and implement medical cannabis distribution and retail sale opportunities across 40 independent locations throughout Canada. The move could open the door to significant distribution opportunities for medical cannabis over the long-term.
Through group purchasing agreements, the pharmacy group has close ties to other independent pharmacy chains that collectively own and operate approximately 1,500 locations across Canada. This represents a significant portion of the more than 3,000 independent pharmacies throughout the country, which could become a key distribution platform for medical cannabis in many provinces and remote communities.
"We have been closely monitoring how the distribution of cannabis will play out in each of the individual provinces in Canada and how those provincial distribution systems may impact our streaming partners and our production yield allocations," said Cannabis Wheaton President Hugo Alves. "Our goal is to ensure that Cannabis Wheaton and its streaming partners have opportunities to participate in distribution channels which allow them to maintain contact with customers and capture a portion of the retail margin from sales to those customers."
Cannabis Wheaton's move to build potential distribution channels through pharmacies provides a glimpse into how the company's management team, comprised of seasoned industry experts, will strategically leverage their cannabis cultivation and supply platform.

Please follow the link to read the full article: http://www.cannabisfn.com/cannabis-wheaton-adds-valuable-new-distribution-channel/
For more information, visit the company's website at www.cannabiswheaton.co or download its investor presentation.


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