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Aurora Cannabis signs supplier agreement with Shoppers Drug Mart

Kirk Smol by Kirk Smol
November 19, 2024
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Aurora Cannabis signs supplier agreement with Shoppers Drug Mart

George Weston Ltd. consistently ranks among any list of Canadian public companies largest revenue generators.

It was first on the Financial Post 500 in 2016, then came fourth in 2017 with $48 billion in sales.

As the controlling shareholder in Loblaw Companies Limited, George Weston Ltd. is also in control of Shoppers Drug Mart.

But it could grow even bigger if it achieves its goal of expanding its footprint into the cannabis trade.

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Today, Shoppers Drug Mart reached a deal with Aurora Cannabis Inc., which is one of Canada’s best known weed companies.

Aurora will become a medical cannabis supplier to Shoppers Drug Mart should Health Canada approve the retailer’s application to become a licensed producer.

‘It is expected the products will be sold online, as Canadian regulations currently restrict the sale of medical cannabis in retail pharmacies,’ Aurora said in a news release.

The Task Force on Cannabis Legalization and Regulation, which was chaired by former deputy prime minister Anne McLellan, recommended that wholesale distribution of cannabis be regulated by provinces and terroritories.

It also called for no co-location of cannabis sales with alcohol or tobacco, as well as access to cannabis via a direct-to-consumer mail-order system.

Public Safety Minister Ralph Goodale, cannabis task force chair Anne McLellan, and Justice Minister Jody Wilson-Raybould played major roles in the cannabis-legalization process. Credit: Jody Wilson-Raybould

The B.C. government has announced that it will allow British Columbians of legal age to buy nonmedical cannabis through private retail stores and B.C. government-owned stores, as well as through ‘government online sales’.

‘In urban areas, licensed retailers will only be allowed to sell cannabis and cannabis accessories, and will be prohibited from selling other products, such as food, gas, clothing and lottery,’ the B.C. government said in a news release earlier this month.

Kirk Smol

Kirk Smol

Kirk's journey through the digital realm began with lines of code and algorithms dancing in his dreams. Armed with a keyboard and an insatiable curiosity, he embarked on the path of software engineering. However, fate had a smoky twist in store for him. As the ones and zeros swirled around him, Kirk had an epiphany – he realized that he was more interested in the highs and lows of the cannabis industry than debugging lines of code. With a leap of faith that would make a bungee jumper blush, he bid farewell to the world of semicolons and database queries and embraced the intoxicating allure of cannabis journalism. Now, Kirk finds himself navigating a different kind of network, one that's all about buds, trichomes, and terpenes. Armed with a pen that's mightier than a vaporizer and a keen eye for detail, he's on a mission to unravel the mysteries of the green world.

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