Aphria Inc. (APHQF) announced on April 11th that the company finalized the supply deal with the Société des alcools du Québec (SAQ) and will annually supply SAQ with 12,000kg of cannabis. The deal will last for three years and is guaranteed by Aphria to be a consistently high-quality product.
The SAQ is a government corporation that sells alcoholic drinks with a vision statement of, “to become a world leader in the selection of wines and spirits.”
The supplied cannabis will be sold by SAQ at their retail locations and online with their e-commerce platform.
Aphira will easily handle the 12,000kg since they will be producing a projected estimate of 230,000kg annually by Q1 of 2019.