By The Canadian Press

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

Jul 11, 2018 | 2:45 PM

VANCOUVER — British Columbia has signed agreements with licensed producers to supply recreational marijuana after legalization this fall, and boasts its stash will feature an “exclusive and competitive” assortment of pot products.

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

The branch says in a news release the agreements ensure an array of products featuring more than 150 strains, ranging in quality from value-oriented to ultra-premium, sold at competitive prices.

It says it has also secured a range of marijuana accessories for retail sale in BC Cannabis Stores, and licensed private retailers will be able to access the product line via the branch’s online sales portal.

The initial assortment includes products from 12 B.C.-based producers but the branch says it expects to issue a call for more producers shortly after legalization and will continually expand its purchasing as demand increases.

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The branch also announced it has secured a location for its first provincial marijuana store in a Kamloops shopping centre, saying the decision was based on the municipality’s readiness for zoning pot shops.

The Canadian Press