The Bis – Weekly News Update Feb 17 to 21

Another busy week is coming to a close in the Canadian cannabis industry. February feels like it’s almost over already but there’s no time to slow down.

It’s been a hectic time from coast to coast, with CannSell launching in Ontario, Zenabis moving into Alberta, and more. Thanks for joining us here at The ‘Bis, Canada.

Lift & Co. and MADD Canada launch cannabis retail training in Ontario

Lift & Co. and MADD Canada launch cannabis retail training in Ontario

Lift & Co. has announced that it has received multi-year approval from the Alcohol and Gaming Commission of Ontario (AGCO) Board for its new CannSell retail certification program, the only approved cannabis retail training program in Ontario.

“After reviewing a number of programs and providers from across Canada, the Alcohol and Gaming Commission of Ontario (AGCO) has approved CannSell as the training program that all employees of privately-run cannabis retail stores in Ontario will be required to complete,” said Jean Major, Registrar and CEO of the AGCO.

All Ontario cannabis retail employees and holders of cannabis retail manager licences, must be CannSell certified prior to legally working in the province’s cannabis retail stores. CannSell will launch on February 25, as a four-hour training program.

The program was developed in partnership with MADD Canada.

“CannSell is the logical next step for us after already setting the retail education standard in several other Canadian provinces. We commend the AGCO for recognizing our unwavering commitment to acting as the cannabis information authority in Canada,” said Matei Olaru, CEO of Lift & Co. “With Ontario representing close to 40 per cent of the Canadian population, Lift & Co. will now be forever shaping the future of the cannabis industry in Canada.”

Zenabis will soon be selling cannabis in Alberta

Zenabis Alberta - The Bis weekly news update

Zenabis Global has announced that it will be entering the Alberta recreational cannabis market, supplying retailers throughout the province through a Supply Agreement it has entered into with the Alberta Gaming, Liquor & Cannabis Commission (AGLC).

Zenabis will supply seven strains of its products to the province, making Alberta the eighth province/territory that Zenabis will supply in Canada. The deal follows the announcement earlier in the month that the company had entered into an agreement with Shoppers Drug Mart, adding a major new retail channel to serve medical patients across Canada.

“We are thrilled to offer our products to Alberta consumers, and to grow our distribution platform in a significant new market,” said Andrew Grieve, Chief Executive Officer of Zenabis, in a release. “We look forward to continuing the rapid expansion of our distribution relationships in Canada and abroad.”

In addition to Alberta, Zenabis has distribution relationships with government and third-party retailers/distributors British Columbia, Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, and the Yukon Territory.

Tilray will be acquiring the “World’s Largest Hemp Food Company”

Cannabis giant Tilray to acquire the world’s largest hemp food company

BC-based cannabis giant, Tilray announced this week it has entered into an agreement to acquire all of the issued and outstanding securities of hemp food producers, Manitoba Harvest, from Compass Group Diversified Holdings and its other shareholders.

Under the terms of the Agreement, Tilray will acquire Manitoba Harvest for $419 million, pending the achievement of certain milestones after the closing of the deal.

“Tilray’s acquisition of Manitoba Harvest is a milestone for the cannabis industry. It builds on the strategic partnerships we have formed with consumer brand industry leaders and demonstrates our track record of disrupting the global pharmaceutical, alcohol, CPG, and functional food and beverage categories,” said Brendan Kennedy, Tilray President and CEO, in a statement. “We’re excited to work with Manitoba Harvest to develop and distribute a diverse portfolio of branded hemp-derived CBD food and wellness products in the U.S. and Canada.”

Manitoba Harvest was founded in 1998 and claims to be the world’s largest hemp food manufacturer. It produces, manufactures, markets and distributes hemp-based consumer products, which it says are sold in over 16,000 stores at major retailers across the US and Canada.

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