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Canada's Largest Cannabis Retailer, High Tide, Welcomes Gov's Decision On White Label Products
Canada's Largest Cannabis Retailer, High Tide, Welcomes Gov's Decision On White Label Products
High Tide Inc. (NASDAQ:HITI), Canada's largest cannabis retailer, welcomed the Alcohol and Gaming Commission of Ontario's decision "to permit retail cannabis licensees to enter into agreements with licensed producers related to store brand or white label cannabis products."
"The change comes after extensive consultation with industry stakeholders and was supported by the Ontario Chamber of Commerce," stated High Tide in a press release.
"Today's revisions to the Registrar's Standards will mean that when it comes to white label products and store brands, Ontario's cannabis retailers will be treated on par with other retail sectors, both regulated and unregulated. The new Standard will also facilitate retailers both large and small, in differentiating their products, brands, and stores," said Raj Grover, president, and CEO of High Tide.
In 2021, High Tide announced it has entered into two white label partnerships with Heritage Cannabis Holdings (OTC:CANN)(OTC:HERTF) and cannabis edibles manufacturer Loosh Inc. which is doing business as Loosh Brands. Under the terms of the agreements, both Heritage and Loosh opted to manufacture High Tide's "Cabana Cannabis Co." branded shatter and THC gummies, respectively, for distribution in Ontario, Manitoba, Saskatchewan, and Alberta.
High Tide is not the only company signing white-label agreements in Canada. White-label deals are becoming increasingly popular as the industry diversifies and cannabis businesses specialize in certain market segments.
BevCanna Enterprises Inc. (OTC:BVNNF) announced it has entered into an agreement to manufacture and distribute white label cannabis beverages with the Vancouver-based company, Averi Health Products. Averi agreed to launch a portfolio of cannabis-infused beverages into the Canadian market by employing BevCanna's white label partnership model, which allows non-licensed partners to enter the cannabis market in the country seamlessly and compliantly.
Averi Health is the sixth client that BevCanna added to its growing roster of high-profile, white-label-infused cannabis clients.
According to MediPharm's CFO, Greg Hunter, the growth of the manufacturing and white label business encourage the revenue of the company. MediPharm teamed up with Sunco Green Pharmaceutical Pty Ltd to supply the Australian medical cannabis market and New Zealand with GMP-certified cannabis products. The two-year white-label agreement was MediPharm's 12th deal to supply Australia with cannabis.
The Valens Company Inc. (NASDAQ:VLNS) confirmed a white label partnership with cannabis retailer Fire & Flower Holdings Corp. (NYSE:FAF)(OTC:FFLWF) last October. Under the deal, Valens will manufacture Fire & Flower's Revity CBD oil for distribution in Ontario, Manitoba, and Saskatchewan with the potential to expand into additional provincial markets.
Photo by Yalın Kaya on Unsplash.
High Tide Inc. (NASDAQ:HITI), Canada's largest cannabis retailer, welcomed the Alcohol and Gaming Commission of Ontario's decision "to permit retail cannabis licensees to enter into agreements with licensed producers related to store brand or white label cannabis products."
High Tide公司(纳斯达克:HITI),加拿大最大的大麻零售商,欢迎酒精和博彩委员会安大略省决定允许零售大麻许可证持有者与获得许可的生产商签订与商店品牌或白标大麻产品。
"The change comes after extensive consultation with industry stakeholders and was supported by the Ontario Chamber of Commerce," stated High Tide in a press release.
他说:这项改变是在广泛谘询业界持份者后作出的,并得到安大略省商会High Tide在一份新闻稿中表示。
"Today's revisions to the Registrar's Standards will mean that when it comes to white label products and store brands, Ontario's cannabis retailers will be treated on par with other retail sectors, both regulated and unregulated. The new Standard will also facilitate retailers both large and small, in differentiating their products, brands, and stores," said Raj Grover, president, and CEO of High Tide.
今天对注册处标准的修订将意味着,当涉及白标产品和商店品牌时,安大略省的大麻零售商将与其他零售部门受到同等对待,无论是受监管的还是不受监管的。新标准还将促进大小零售商区分其产品、品牌和商店。拉杰·格罗弗,High Tide总裁兼首席执行官。
In 2021, High Tide announced it has entered into two white label partnerships with Heritage Cannabis Holdings (OTC:CANN)(OTC:HERTF) and cannabis edibles manufacturer Loosh Inc. which is doing business as Loosh Brands. Under the terms of the agreements, both Heritage and Loosh opted to manufacture High Tide's "Cabana Cannabis Co." branded shatter and THC gummies, respectively, for distribution in Ontario, Manitoba, Saskatchewan, and Alberta.
2021年,High Tide宣布与传统大麻控股公司(场外交易代码:CAN)和大麻食品制造商达成两项白标合作伙伴关系Loosh Inc.它的业务是作为Loosh Brands。根据协议条款,遗产管理公司和卢什公司都选择制造High Tide的卡巴纳大麻公司分别在安大略省、马尼托巴省、萨斯喀彻温省和艾伯塔省分销的品牌Shatter和THC口香糖。
High Tide is not the only company signing white-label agreements in Canada. White-label deals are becoming increasingly popular as the industry diversifies and cannabis businesses specialize in certain market segments.
High Tide并不是唯一家签署白标协议的公司在加拿大。随着大麻行业的多元化和大麻企业专注于某些细分市场,白标交易变得越来越受欢迎。
BevCanna Enterprises Inc. (OTC:BVNNF) announced it has entered into an agreement to manufacture and distribute white label cannabis beverages with the Vancouver-based company, Averi Health Products. Averi agreed to launch a portfolio of cannabis-infused beverages into the Canadian market by employing BevCanna's white label partnership model, which allows non-licensed partners to enter the cannabis market in the country seamlessly and compliantly.
BevCanna企业公司(场外交易代码:BVNNF)宣布已与这家总部位于温哥华的公司达成协议,生产和分销白标大麻饮料。艾维瑞保健品。Averi同意通过采用BevCanna的白标合作模式向加拿大市场推出一系列注入大麻的饮料,这种模式允许未经许可的合作伙伴无缝且合规地进入该国的大麻市场。
Averi Health is the sixth client that BevCanna added to its growing roster of high-profile, white-label-infused cannabis clients.
Averi Health是BevCanna在其日益增长的高调、白标大麻客户名单上增加的第六个客户。
According to MediPharm's CFO, Greg Hunter, the growth of the manufacturing and white label business encourage the revenue of the company. MediPharm teamed up with Sunco Green Pharmaceutical Pty Ltd to supply the Australian medical cannabis market and New Zealand with GMP-certified cannabis products. The two-year white-label agreement was MediPharm's 12th deal to supply Australia with cannabis.
据MediPharm的CFO称,格雷格·亨特,制造业和白标业务的增长鼓励了公司的收入。MediPharm与以下公司合作顺科绿色药业有限公司向澳大利亚医用大麻市场和新西兰供应GMP认证的大麻产品。这项为期两年的白标协议是MediPharm向澳大利亚供应大麻的第12笔协议。
The Valens Company Inc. (NASDAQ:VLNS) confirmed a white label partnership with cannabis retailer Fire & Flower Holdings Corp. (NYSE:FAF)(OTC:FFLWF) last October. Under the deal, Valens will manufacture Fire & Flower's Revity CBD oil for distribution in Ontario, Manitoba, and Saskatchewan with the potential to expand into additional provincial markets.
瓦伦斯公司纳斯达克(Alipay:VLNS)确认与大麻零售商建立白标合作伙伴关系火花控股公司。(纽约证券交易所股票代码:FAF)(场外交易代码:FFLWF)去年10月。根据协议,Valens将生产Fire&FlowerReity CBD在安大略省、马尼托巴省和萨斯喀彻温省分销的石油,有可能扩展到更多的省级市场。
Photo by Yalın Kaya on Unsplash.
照片由Yalın Kaya在Unspash上拍摄。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
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