Wall Street Signals: WeedMD Signs Supplier Agreement With Shoppers Drug Mart

WeedMD Signs Supplier Agreement With Shoppers Drug Mart

WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”),a governmentally authorized maker and wholesaler of restorative cannabis, is satisfied to declare it has gone into a consent to end up a medicinal cannabis provider to Shoppers Drug Mart. 

Subject to Health Canada's endorsement of Shoppers Drug Mart's application to be an authorized maker, under the terms of the assention the Company will supply Shoppers Drug Mart with WeedMD and associate marked restorative cannabis items. It is normal the items will be sold on the web, as Canadian controls as of now confine the offer of therapeutic cannabis in retail drug stores. 

"WeedMD's restorative cannabis items have turned into a confided in hotspot for the seniors' market and we are eager to extend openness to all therapeutic cannabis patients through this vital concurrence with Canada's driving supplier of drug store items and administrations," said Michael Kraft, Chairman of WeedMD. "As a standout amongst the most confided in names in drug store retailing and patient help administrations, we are satisfied to band together with Shoppers Drug Mart as it seeks WeedMD for the supply of premium restorative cannabis. Our strains coordinated at seniors' and womens' wellbeing will add a scope of profundity to Shoppers Drug Mart's foreseen therapeutic cannabis item contributions." 

WeedMD's venture into its as of late authorized substantial scale, completely financed current nursery will be the principle supply hotspot for its restorative cannabis patients notwithstanding the future grown-up utilize showcase. For additional about the extension, read here. 

For more data, get to our financial specialist introduction here and corporate video here.

About WeedMD Inc.

WeedMD Inc. is the publicly-traded parent company of WeedMD Rx Inc., a federally-licensed producer and distributor of medical cannabis and oils under the ACMPR. The Company operates a 26,000 sq. ft. indoor facility in Aylmer, Ontario, and a second cultivation site at its greenhouse facility located in Strathroy, Ontario, representing 610,000 sq. ft. or 14 acres under glass. WeedMD has entered into supply agreements in addition to strategic relationships with established cannabis brands. WeedMD is focused on providing medical cannabis to the seniors' markets in Canada through its proprietary seniors care program. It is dedicated to educating healthcare practitioners and furthering public understanding of the role that medical cannabis plays – including as it pertains to regulatory requirements, indications and potential side effects.

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For further information, please contact:

WeedMD Inc.
Keith Merker, Chief Financial Officer 
Tel: 519-765-2440 Ext. 222
Email: investor@weedmd.com
To learn more, visit us at www.weedmd.com

For Media Inquiries:
Marianella delaBarrera
Margin Communications & Public Relations
Tel: 416-897-6644
Email: marianella@marginpr.com

Forward-Looking Information
This press release contains forward-looking information based on current expectations. Statements about the date of trading of the Company's common shares on the Exchange and final regulatory approvals, among others, are forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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