Two big news trends in Canada this week for marijuana distribution.
1). The Bank of Montreal, one of Canada's "big six" banks, have agreed to underwrite a $175 million stock offering to Canopy Growth Corp., Canada's largest producer of medical marijuana.
“This is the first time a major Canadian bank-owned brokerage has participated in a cannabis securities issue,”
http://business.financialpost.com/investing/bank-of-montreal-marks-first-for-major-canadian-lenders-with-175m-marijuana-deal
2). Shopper's Drug Mart, Canada's largest chain of drug stores has reached agreement with three medical marijuana producers to supply product. Shopper's Drug Mart does not yet have a license to sell medical marijuana but did apply to the Health Canada for one in Oct 2016 via its parent company Loblaws.
Shoppers Drug Mart signs medical cannabis supply deal with Tilray Canada - Article - BNN
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