620,000 square feet greenhouse in Strathroy, have you been contacted by the LCBO? BD-S: We have initiated the discussion and we’re current- ly having meetings with various agencies from different provinces across Canada. Each province has a different model for distribution and it is still being ironed out across the map. The LCBO model is probably one of the more advanced and they’ve really played a part in the regulations that have taken shape as they’re set to roll out in 40 stores across Ontario. “We have a client portal, or a patient portal, where they can come on and see what strains we’re offering, what oils we’re offering, and what products we’re offering.” I think they have a huge job ahead of them, though. So it’s not so onerous on the province, a single distributor, a sort of hybrid provincial-plus- private retail model might be required to meet the demand. Either way, we’re ready. Does your TSX stature help with negotiations with the LCBO and your standing as a trusted Licensed Producer of medical cannabis? BD-S: Definitely. Last year in April, we did go public, which was another big milestone for us. We are excited to go into the market. We have been support- ed by shareholders in the market and there is a tremendous amount of value and opportunity for shareholders in this industry – especially in our company. It was a huge day for us being on the market with industry colleagues for the first time. There is a little bit of speculation out there in terms of where the industry as whole is headed but the good news is that I think it’s all heading in the right direction. We are sitting here on deck and we are ready for it, either way. We will continue to listen to our patients, our customers, and we are excited about the growth of Weed MD and the ability to continue to grow into the different markets with the cannabis industry.
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• Industrial Fans • Disposable Gloves • Beard Nets • Coveralls • Respirators, Filters & Fit Testing
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We are pioneers in this industry and we are really excited about the future of cannabis in Canada and not only from a medical perspective but also from an adult recreational use perspective. I want people to know that we value our patients and we value our customers immensely and we will be listening to them and looking for ways to continue to improve all of our processes. “So with the whole battery of quality assurance and regular inspection by Health Canada, patients can enjoy our cannabis with peace of mind.”
139 DECEMBER 2018 • SPOTLIGHT ON BUSINESS MAGAZINE
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