Thursday, April 18, 2024

B.C. government signs agreements with non-medical cannabis producers

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The BC Liquor Distribution Branch (LDB) has entered into agreements with 31 licensed non-medical cannabis producers to ensure there is adequate retail supply when the drug is legalized on Oct. 17, 2018.

The LDB is B.C.’s sole legal wholesaler of non-medical cannabis. The memorandums of understanding between the LDB and producers will form an “extensive and competitive” product assortment, according to a news release, including over 150 strains of cannabis.

The agreements also include accessories to be sold at BC Cannabis Stores.

“We are thrilled to be reaching this significant milestone in developing a competitive wholesale assortment for non-medical cannabis,” said Blain Lawson, LDB’s general manager and CEO. “The volume, variety and quality of our product assortment speak to the LDB’s commitment to working towards eliminating the illicit market.”

The government says the product assortment was developed to be as inclusive to as many licensed producers as possible. The initial assortment includes product from 12 B.C.-based companies.

Licensed private retailers will be able to access wholesale products through the LDB’s online sales portal.

In addition, the LDB announced that its first BC Cannabis Store will be located in Kamloops’ Columbia Place Shopping Centre, pending city approval. The store will be staffed by about 20 employees.

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Myles Sauer
Former staff editor and writer at Victoria Buzz.

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