MedReleaf partners with Shoppers Drug Mart to sell medical marijuana online

Canadian cannabis producer MedReleaf Corp on Thursday signed an agreement with retailer Loblaw Companies’ unit Shoppers Drug Mart to sell medical cannabis online.

Shares of MedReleaf jumped more than 4 per cent when trading resumed after they were halted pending news.

Shares of MedReleaf were halted ahead of the announcement and will resume trading at 13:15 ET.

Canadian cannabis producers are scrambling to sign up distributors as the country is on track to legalize recreational marijuana by July.

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