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Cannabis

Delta 9 Cannabis expands domestic market with Yukon supply deal 

Delta 9 Cannabis Inc (TSX:DN) said it has expanded its domestic market with the signing of an agreement to supply recreational use cannabis to Yukon Liquor Corporation (YLC).

The first shipment to YLC is planned for the second quarter of this year.

The move into Yukon, which is the company’s seventh provincial supply agreement, comes on the back of similar deals for Manitoba, Saskatchewan, Alberta, British Columbia, Ontario, and Newfoundland and Labrador.

Delta 9 is also holding talks with other provinces, territories and private retail outlets with the aim of entering into further cannabis supply agreements in 2023.

“We continue to expand our market access domestically and look forward to supplying retail stores and consumers in the Yukon with Delta 9’s premium branded cannabis products,” said John Arbuthnot, CEO of Delta 9 in a statement.

Delta 9 Cannabis sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. It owns and operates a chain of retail stores under the Delta 9 Cannabis Store brand.

The company has a wholly owned subsidiary, Delta 9 Bio-Tech Inc., which is a licensed producer of medical and recreational cannabis.

Contact the author at jon.hopkins@proactiveinvestors.com

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