Delta 9 Cannabis Inc. (TSX:DN) said its wholly owned subsidiary Delta 9 Bio-Tech has entered into a brokerage agreement with Kindred Partners Inc to provide exclusive brokerage and sales services for Delta 9’s portfolio of branded cannabis products in Canada.
Kindred, a wholly owned subsidiary of Breakthru Beverage Group, is a Toronto-based specialty cannabis brokerage. It leverages the deep experience of its sister-company, Breakthru Beverage Canada, in working with Canadian Provincial control boards, licensed distributors and retailers to broker regulated cannabis products for the adult-use market.
Delta 9 said it is well-positioned to be a leader in the Canadian cannabis market, as consumers across the country will have access to the company’s innovative cannabis products under its in-house brands.
“Having Kindred as our sales and brokerage partner is a fantastic complement to the strong relationships that we continue to build with the provincial boards and accelerates our vision of becoming a leader in the Canadian cannabis market,” said John Arbuthnot, CEO of Delta 9 in a statement.
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“Over the past twelve months, Delta 9 has made advancements in product quality and significantly expanded our product portfolio. We look forward to working with Kindred to introduce Canadians to our portfolio of high-quality cannabis products and gaining consumer trust for our brands.
“We believe that with Kindred’s proven track record and our incredible portfolio of branded cannabis products, we are well positioned to lead this next wave of the cannabis industry,” Arbuthnot said.
Commenting on the agreement, Curtis MacKenzie, Kindred’s executive vice president and general manager, said: “We’re thrilled for the opportunity to represent Delta 9’s portfolio and help introduce their high-quality products to Canadian consumers.
“The Canadian cannabis market is active and competitive, and we are excited to leverage our expert team, our proven route-to-market and national presence to bring their brands to more consumers across the country.”
Contact the author at jon.hopkins@proactiveinvestors.com