The BC Liquor Distribution Branch (LDB) announced on Nov. 2 that it has launched its wholesale customer website for licensed, private cannabis retailers.
According to a release, the “advanced online order system will enable private retailers to easily access the LDB’s wholesale product assortment and place orders.”
This comes just days after the B.C. government approved the first private cannabis retail licence, in Kimberley.
Once private retailers have received their licences from the Liquor and Cannabis Regulation Branch and have been issued a provincial sales tax number from the Ministry of Finance, they will be required to complete the LDB’s private retailer registration process.
This process is said to take between two to three business days to complete.
The LBD was appointed the wholesale distributor of non-medical cannabis last February and it says it’s since been “working to develop a quality wholesale assortment to appropriately provide for the cannabis retail market in B.C.”
The current assortment of products includes dried cannabis, cannabis oils, capsules and seeds.
The LDB announced last August that it would apply a 15% markup on the landed cost of cannabis distributed throughout the province to retail stores and the LDB’s online store.
The provincial government says the 15% wholesale markup “highlights the LDB’s commitment to being as competitive as possible with the illicit market.”
The LDB has released average wholesale pricing to assist private retailers with business forecasts. Specific wholesale pricing will be available to private retailers once they have completed the wholesale customer registration process.
“The LDB will engage with additional private retailers as they receive their retail licences and is committed to continuously improving its wholesale distribution system,” a government release states.
Find the advanced online order system at bccannabiswholesale.com.