One of Canada’s major cannabis suppliers has signed an agreement with the B.C. Liquor Distribution Branch for recreational marijuana.
Zenabis Ltd. announced on July 30 that a Memorandum of Understanding had been signed.
“Our vision is to become a national supplier of high-quality cannabis products and to serve the needs of each province as we ramp up production,” said Kevin Coft, CEO of Zenabis, in a release.
Over the next few months, Zenabis intends to enter additional negotiations with other provinces.
With the British Columbia agreement in place, the company will be hiring additional workers at its Atholville, New Brunswick facility.
According to Coft, an additional 60 jobs will be posted over the next few weeks, effectively doubling the company’s New Brunswick workforce.
“The B.C. agreement, together with our commitments to New Brunswick and Nova Scotia, is great news for the workforce and the community in Atholville,” said Coft. “We made a commitment to the covernment of New Brunswick to increase the size of our operations as we entered into new agreements, and we are pleased to have delivered.”
More than 50 different varieties of cannabis products will be available to customers in each province.
“The breadth and scope of our product line means that we will appeal to customers seeking both recreational and/or medical cannabis,” says Coft.
Legalization of recreational cannabis in Canada is effective October 17, 2018 and Zenabis products will be available in retail outlets throughout British Columbia, New Brunswick and Nova Scotia at that time.
Zenabis Ltd. is a privately-held, cannabis company with one of the largest, federally licensed indoor medical cultivation footprints in Canada. Zenabis currently operates two licensed production facilities in Surrey, British Columbia and Atholville, New Brunswick, with a third coming shortly in Nova Scotia.