Ontario’s OSC Enters into Supply Agreements with LPs
Ryan Allway
August 27th, 2018
Policy
The Ontario Cannabis Store, the province’s sole legal online retailer for recreational cannabis, has entered into supply agreements with 26 licensed producers to ensure that a safe, diverse and high-quality supply of cannabis is ready and available upon legalization this fall. Starting on October 17, consumers 19 and older will be able to purchase cannabis via an online retail platform provided by the Ontario Cannabis Store. The OCS online channel will include a verification system that will ensure safe at-home delivery for cannabis products.
“These agreements are a significant milestone that signals our readiness for the legalization of cannabis in Ontario,” says Patrick Ford, President and Chief Operating Officer of the Ontario Cannabis Store. “These agreements will allow us to safely and securely provide a broad variety of cannabis products to adult customers when online sales begin.”
Supply agreements with authorized Health Canada producers were achieved through a competitive process, resulting in a range of cannabis products and size formats among the categories of dried flower, cannabis oil and cannabis seeds. In the coming months, the OCS will continue to hold competitive product calls to expand its selection of available cannabis products and to be responsive to the preferences of Ontario customers. The OCS is also working to finalize supply agreements with cannabis accessory suppliers to ensure a diverse selection of accessories is also available for customers.
The OCS is focused on providing safe and responsible access to recreational cannabis through its online retail channel when it becomes legal on October 17, and establishing a wholesale distribution network to supply cannabis to legal private stores in Ontario once legislative requirements are put in place.
The OCS has entered into initial supply agreements with the following companies:
7ACRES/The Supreme Cannabis Company
AgMedica Bioscience Inc.
Aphria Inc.
Aurora Cannabis Enterprises Inc.
Beleave Kannabis Corp.
Broken Coast Cannabis Ltd.
CannTrust Inc.
Canopy Growth Corporation
Emblem Cannabis Corporation
HEXO Operations Inc.
Hiku Brands Company Ltd.
Maricann Inc.
MedReleaf Corp.
Natural MedCo Ltd.
Northern Green Canada Inc.
Organigram Inc.
Peace Naturals Project Inc.
Radicle Medical Marijuana Inc.
RedeCan Pharm
Solace Health Inc.
Starseed Medicinal Inc.
THC BioMed Ltd.
The Flowr Group Okanagan Inc.
Tilray Canada Ltd.
Up Cannabis Inc.
VIVO Cannabis Inc.
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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