DLTNF - Delta 9 signs distribution agreement with Manitoba for being cannabis distributor

Delta 9 Cannabis (OTCQX:DLTNF) through its new wholly owned subsidiary Delta 9 Logistics entered into a Limited Cannabis Distribution Agreement with Manitoba Liquor and Lotteries wherein the former will become the latter's first licensed cannabis distributors. Under the agreement terms, the company plans to work with authorized cannabis suppliers to provide cross-docking and distribution services, fulfilling delivery of orders to licensed cannabis retailers within the province of Manitoba. As per Statistics Canada data, retail cannabis sales in Manitoba for the 12 months ending Sep. 30, 2021 exceeded $138M with 125+ licensed retail stores in operation as of Dec.31, 2021. Delta plans to commence executing distribution agreements with suppliers immediately and anticipates distribution shipments will begin in 2Q22.

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Delta 9 signs distribution agreement with Manitoba for being cannabis distributor