The news comes hot on the heels of similar approvals for the company in Saskatchewan and New Brunswick
Biome Grow Inc () (OTCMKTS:BIOIF) is bringing its cannabis products to Manitoba, the company announced Wednesday.
The company has won a license for the retail sale of cannabis in the province and plans to distribute its select dried flower and pre-rolls to retailers from its wholly-owned Nova Scotia cultivation facility, Highland Grow.
The news comes hot on the heels of similar approvals in Saskatchewan and New Brunswick, bringing the company’s total distribution area to five provinces, also including Newfoundland and Labrador and Nova Scotia.
READ: Biome Grow signs new agreement to sell cannabis flower in New Brunswick
The reason for the expansion into Manitoba, Toronto-based Biome said in a statement, is the same as for its previous territory increases: positive feedback from consumers and dispensary operators.
“We are happy that our high quality, premium flower and pre-rolls have which have proven very popular with discerning consumers in Atlantic Canada and Saskatchewan will now be available to the 1.4 million people of ‘Friendly Manitoba’,” said Biome Grow CEO Khurram Malik
The company saw its shares climb 4% to C$0.39 on Bay Street and 7.5% to $US0.30 in New York.
Contact Andrew Kessel at [email protected]
Follow him on Twitter @andrew_kessel
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Biome Grow, Inc. named herein, including the promotion by the Company of Biome Grow, Inc. in any Content on the Site, the Company receives from...
FOR OUR FULL DISCLAIMER CLICK HEREMost read
Full interview: Ideanomics wins more than $7M in financing to build out its...
Ideanomics (NASDAQ: IDEX) CEO Alf Poor tells Proactive the FinTech company 's subsidiary, with projects in the electric vehicle market, has received an initial investment of $7.2 million from Qingdao Xingyang City Investment Co., Ltd. The company will headquarter its MEG subsidiary in...
12 hours, 5 minutes ago
2 min read
Prev article
2 min read
