GREY:ATTBF - Post by User
Post by
Dubbs777on Jul 24, 2018 4:29pm
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Post# 28361297
Emerald had some interesting news today.....
Emerald had some interesting news today.....
Emerald is on the list for BCLCB MJ suppliers list. Seems they were negotiating the price, etc. Thought the news might have bumped us up a bit here? This is a partial from today's announcement; Emerald has a strong relationship with the BCLDB team, and our new supply partnership will allow us to provide them with local access to our large cannabis production capacity, said Chris Wagner, CEO at Emerald. We have been in negotiations with the BCLDB for a number of months and elected to wait until we could achieve suitable pricing before committing to an MOU. The initial MOU references 1,086 kg of cannabis products, which aligns with our production ramp-up while allowing for adequate supply for other provincial supply agreements and our medical strategy. Based on our assessment of the BC market opportunity and our expected production capacity, we are now allowing for approximately 13,000 kg of product allocation for the BC non-medical market over the next year and a half.