Shoppers Drug Mart steps away from medical cannabis with business shift - National | Globalnews.ca

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Shoppers first launched its medical cannabis business in Ontario in January 2019, months after recreational pot was legalized in Canada.

distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc.

The pharmacy chain owned by Loblaw Companies Ltd. announced the shift Tuesday, but did not say what prompted the change or how much money Toronto-based Avicanna is paying for Shoppers to refer patients to its MyMedi.ca platform.“We are grateful for the trust placed in us by our medical cannabis patients over the past few years, and are confident we’ve found the right partner in Avicanna to continue to support them,” said Jeff Leger, Shoppers’ president, in a statement.

His company will start to send customers to Avicanna’s platform in early May, with all of the patients set to be off-loaded from Shoppers’ medical pot service by the end of July. Customers will be able to place orders on Shoppers’ website through the transition period.Avicanna said it will offer a similar range of products including various formats, brands and “competitive pricing.

Shoppers first launched its medical cannabis business in Ontario in January 2019, months after recreational pot was legalized in Canada at a time when many predicted the weed sector would be booming in the coming years.The sector has instead struggled with profitability and as high numbers of recreational cannabis shops cluster in several cities, many retailers and licensed producers have had to drop their prices to stay competitive.

 

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It's cheaper in stores. Should be more privatization and free market, with less government involvement in many provinces

And it’s not medicine

Cheaper on the streets I guess ! Grow your own. Even cheaper yet !

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