BlissCo (BLIS) announced on the 29th that their fully-owned subsidiary, BlissCo Holdings Limited, is a recent recipient of an Access to Cannabis for Medical Purposes and Regulations (ACMPR) license.
An ACMPR license allows BlissCo to legally cultivate and distribute quantities of dried cannabis product. However, in order to produce cannabis oils, BlissCo will need to continue their plans to apply for the expansion in the license.
The company has a set agreement to supply 3,000 kilograms (6,613lbs) to The Supreme Cannabis Company (FIRE) that will continue for two years into 2020.
BlissCo’s main facility in British Columbia is a high volume facility that will be open for Canadian customers when Canada legalizes the sale of recreational and medical cannabis in Q3 of 2018.