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B.C. signs agreements with licensed producers to supply legal marijuana

British Columbia has announced the companies that will supply recreational marijuana after legalization this fall, boasting its stash will feature an “exclusive and competitive” assortment of products.

But small craft growers say they were shut out of the bidding process and therefore B.C. residents will only be able to purchase weed grown by large licensed producers of medical cannabis starting on Oct. 17.

“I have been screaming at the provincial government for a year to do something about these regulations, and we are now about to drive off the cliff and there’s still no bridge,” said Ian Dawkins, president of the Cannabis Commerce Association of Canada, which represents small producers.

The Liquor Distribution Branch, which will be the only wholesaler of cannabis in B.C., announced Wednesday it has entered into memorandums of understanding with 31 licensed producers that responded to its request for information process.

The companies are all producers that hold Health Canada licences to legally produce medical marijuana.

Twelve of the producers are B.C.-based, including Nanaimo’s Tilray Inc., Vancouver’s Aurora Cannabis Inc. and Whistler Medical Marijuana Corp. Others include Hydropothecary Corp., MedReleaf Corp., and Canopy Growth Corp.

Source: financialpost.com

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