Mr. John Arbuthnot reports
DELTA 9 ENTERS INTO CANNABIS SUPPLY AGREEMENT WITH ONTARIO CANNABIS STORE
Delta 9 Cannabis Inc. on June 23, 2020, entered into a master cannabis supply agreement with Ontario Cannabis Retail Corp. (doing business as Ontario Cannabis Store (OCS)).
The agreement provides for the supply by Delta 9 of branded cannabis products and accessories to OCS for sale in retail cannabis stores in Ontario, and on-line sales of recreational cannabis products and accessories to customers in Ontario. Concurrently with entering into the agreement, Delta 9 entered into a data subscription agreement with OCS, under which OCS will supply point-of-sale data pertaining to Delta 9 product sales at the retail level.
"We are pleased to continue to grow the presence of Delta 9 products in retail channels across Canada by entering into the master supply agreement with OCS," said John Arbuthnot, chief executive officer of Delta 9. "The Ontario retail and on-line market presents tremendous opportunity for sales of a range of Delta 9 cannabis products, and we look forward to further opportunities for Delta 9 products to reach customers coast to coast."
On entering into the agreement, Ontario became the sixth Canadian province where Delta 9 has entered into supply agreements with provincial authorities for the supply of cannabis products into provincial recreational cannabis markets, with Delta 9 currently also supplying recreational cannabis products to Manitoba, Saskatchewan, Alberta, British Columbia and Newfoundland.
About Delta 9 Cannabis Inc.
Delta 9 Cannabis is a vertically integrated cannabis company focused on bringing the highest-quality cannabis products to market. The company sells cannabis products through its wholesale and retail sales channels, and sells its cannabis grow pods to other businesses. Delta 9's wholly owned subsidiary, Delta 9 Bio-Tech Inc., is a licensed producer of medical and recreational cannabis, and operates an 80,000-square-foot production facility in Winnipeg, Man., Canada.
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