Leveraging its cultivation experience,
Canada House Wellness Group Inc. (CSE:CHV,
OTC: SARSF,
Forum) announced on Monday that it has entered into an agreement with cannabis retailer
Weedbox Inc. to establish the first retail location for both organizations under the Weedbox retail brand in Edmonton, Alberta. Through a $250,000 (CAD) investment from Canada House, both companies will also launch signature cannabis brands into the recreational market.
For more on this partnership, click
here.
Under this union, both plan to develop flower, vapes, topical and sublingual products, pre-rolls, concentrates, as well as edibles. Through its wholly owned subsidiary,
Canada House Clinics Inc., the Company recently opened clinics in
Toronto and Halifax, and moved its Petawawa location to a larger clinic in the same area. CHC will open its first location within a third-party medical clinic (an embedded clinic model) in Sherwood Park, Alberta, this summer.
FULL DISCLOSURE: Canada House Wellness GroupInc. is a client of Stockhouse Publishing.