Canada’s largest retail pharmacy chain, Shoppers Drug Mart continues to lend possibly the most important voice of credibility to the emerging legal cannabis market—so far, having signed supplier deals with three of Canada’s largest cannabis growers, and leaving the door open for more to come.
With over 1,250 stores across Canada, the chain owned by Loblaw Companies Limited (TSX: L) (OTC: LBLCF) is a national retail heavyweight. So when Shoppers Drug Mart signed its latest supply deal with cannabis giant Aurora Cannabis (TSX: ACB) (OTC: ACBFF), it marked the fourth supplier deal the retailer has inked, and the third with a Canadian major.
Two of the other companies that have already inked agreements with the retailer were Aphria Inc. (TSX: APH) (OTC: APHQF), and MedReleaf Corp. (TSX: LEAF) (OTC: MEDFF), …View the full post at: Cannabis Sector Credibility Greatly Boosted by Canada’s Largest Pharmacy Retail Chain …
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