The Manitoba government announced Friday that an opportunity to legally retail recreational cannabis in the province has conditionally been awarded to a consortium consisting of
Delta 9 Cannabis Inc. (
TSX: V.NINE,
OTC: VRNDF,
Forum) and
Canopy Growth Corp. (
TSX: T.WEED,
Forum).
The issuance of the license is contingent on the signing of a formal agreement with the provincial government, which include meeting a series of conditions attached to the retail licensing process.
The license would authorize the Delta 9/Canopy partners to build and operate a chain of retail stores throughout the Province of Manitoba.
More information can be found
here.
Delta 9 Cannabis was in the news recently when it announced a $20 million bought deal financing.
Full Disclosure: Delta 9 Cannabis Inc. is a paid client of Stockhouse Publishing.