The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), through
its subsidiary The Flowr Group (Okanagan) Inc. (collectively “Flowr” or the
company), this morning announced its entrance into an agreement with Shoppers
Drug Mart, a division of Loblaw Companies Limited (TSX: L), to supply medical
cannabis on a purchase order basis. Flowr will supply the leading drug store
retailer with its FlowrRx brand of premium medical cannabis products.
Initially, the products will be sold online only as Canadian regulations presently
restrict the sale of medical cannabis in retail pharmacies, making Shoppers’
new ecommerce site the exclusive direct-to-patient online provider of FlowRx
products. The term of the supply agreement is three years, with a two year
renewal term. “We believe that partnering with Shoppers Drug Mart to provide
patients with premium medical cannabis is a game-changing opportunity for
Flowr’s medical business and we look forward to working with their team,” Flowr
Co-CEO Tom Flow stated in the news release. “FlowrRx products are grown in
facilities designed to pharmaceutical industry manufacturing standards and
using strict processes that should enable us to provide patients with both the
high quality they seek and the consistent benefits they need.”
To view the full press release, visit http://ibn.fm/FlIGF
About The Flowr Corporation
The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF), through its
subsidiaries, holds a cannabis production and sales license granted by Health
Canada. With a head office in Markham, ON and a production facility in Kelowna,
BC, Flowr builds and operates large-scale, GMP-designed cultivation facilities
utilizing its own patented growing systems. Flowr’s investment in research and
development along with its sense of craftsmanship and a spirit of innovation is
expected to enable it to provide premium-quality cannabis that appeals to the
adult-use recreational market and addresses specific patient needs in the
medicinal market. For more information, visit www.Flowr.ca.
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment