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Shoppers Drug Mart applies to distribute medical marijuana

Kirk Smol by Kirk Smol
October 25, 2016
in News
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Shoppers Drug Mart applies to distribute medical marijuana

Canada’s second-wealthiest man wants in on the medical-marijuana business.

Canada’s largest chain of drugstores, Shoppers Drug Mart, has told CBC News that it has applied to become a distributor.

Shoppers Drug Mart is owned by Loblaw Companies, which owns several supermarket chains, including Real Canadian Superstore and No Frills.

Loblaw is owned by George Weston Ltd. It’s chaired by Galen Weston, whose net worth was estimated at $13.67 billion by Canadian Business magazine.

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Shoppers Drug Mart says it has no intention of producing medical marijuana.

Earlier this year, the Straight reported that Shoppers Drug Mart and London Drugs were considering selling medical marijuana at in-store pharmacies.

London Drugs is controlled by the Vancouver-based Louie family. Its patriarch, Brant Louie, has an estimated net worth of $1.6 billion, according to Forbes magazine.

The federal government is expected to introduce legislation next spring legalizing marijuana.

However, critics such as Vancouver’s Prince of Pot, Marc Emery, have alleged that the new regulatory regime will be, in effect, ‘new prohibition’. That’s because Emery expects a legalization task force to make recommendations favouring licensed producers over mom-and-pop storefront retailers.

The chair of the task force, former deputy prime minister Anne McLellan, is a senior advisor with Edmonton-based Bennett Jones, which has marketed itself as the go-to legal firm for licensed producers.

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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