Blissco Cannabis (CSE:BLIS,OTCQB:HSTRF) announced a one-year term supply agreement with the New Brunswick cannabis regulator.

As quoted in the press release:


Cannabis NB is a subsidiary of Alcohol New Brunswick Liquor (ANBL) and the only legal retailer of recreational cannabis for the province of New Brunswick. The corporation sells directly to consumers online and operates 20 stand-alone recreational cannabis retail stores.

“We’re excited to make Blissco our 7th official supply partner and we look forward to successfully launching their brand in our retail network,” said Lara Wood, General Manager of Cannabis NB.

“Becoming one of Cannabis NB’s early supply partners is very exciting for Blissco,” said Damian Kettlewell, Blissco CEO. “We are pleased to see that the demand for Blissco’s premium whole flower cannabis is growing and that retailers from across Canada are seeking our products,” adds Kettlewell.

Blissco now holds supply agreements for British Columbia, Alberta, Saskatchewan, and New Brunswick, and are also on track to supply international markets, starting with Germany.

Click here to read the full press release.

In the evolving rush of mergers and acquisitions (M&A) in the Canadian cannabis market, Canopy Growth (NASDAQ:CGC,TSX:WEED) announced it will acquire The Supreme Cannabis Company (TSX:FIRE,OTCQX:SPRWF) in a deal worth approximately C$435 million.

Meanwhile, a cannabis operator in the US confirmed this week that it will receive a financial boost from a partner to solidify its position in the burgeoning Pennsylvania state market.

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