Canadian Pharmacies Negotiating Entry Into Medical Cannabis Market

Shoppers Drug Mart

Medical cannabis is legal in Canada, but the only authorized way for authorized patients to procure it is through mail-order.  This could change if pharmacies have their way. According to The Globe & Mail:

Shoppers Drug Mart Corp. has held multiple meetings and phone conversations with licensed medical-marijuana producers across Canada over the past year about carrying a variety of brands in their drugstores, according to people involved in those conversations.

The nation’s largest chain is apparently looking to sell both branded and white-labeled cannabis. According to Mark Gobuty, the CEO of Peace Naturals Project, several other pharmacies are exploring entry into the industry as well.  Several factors are driving the interest, including the potential for full legalization, the recent introduction of cannabis oil and the growing acceptance  as the MMPR program, overseen by Health Canada, approaches its second anniversary.

Read Grant Robertson’s “Shoppers Drug Mart shows budding interest in selling medical pot”: http://www.theglobeandmail.com/news/national/shoppers-drug-mart-shows-budding-interest-in-selling-medical-pot/article28863445/

Published by NCV Newswire
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