December 4, 2017 / 9:22 PM / 6 months ago

Canada's Aphria to sell medical marijuana to Loblaws' pharmacy chain

TORONTO (Reuters) - Canadian marijuana producer Aphria Inc. (APH.TO) said on Monday it had entered into an agreement to sell medical cannabis to Loblaw Companies’ (L.TO) pharmacy chain Shoppers Drug Mart.

FILE PHOTO: A Shoppers Drug Mart store is pictured in downtown Ottawa February 10, 2011. REUTERS/Chris Wattie

Aphria will supply Shoppers with medical cannabis products to be sold online, the company said in a statement. The agreement is subject to government approval of Shoppers’ application to be a licensed producer, Aphria said.

Aphria inc (APH.TO) shares were halted from trading ahead of the announcement and will resume trading at 4:30 p.m. EST in Toronto (2130 GMT).

(This story corrects time of trade resumption in last paragraph.)

    Reporting By Nichola Saminather; Editing by Cynthia Osterman

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