New partnership bolsters cannabis
options in Québec
HUNTINGDON, QC, Sept. 17, 2021 /CNW Telbec/ - ROSE
LifeScience Inc. ("ROSE"), a local Quebec cannabis player, announced a
partnership with Tilray Canada Ltd., a Canadian subsidiary of
Tilray Inc. (TSX: TLRY), a leading global cannabis-lifestyle and
consumer packaged goods company (collectively referred to as
"Tilray").
The news follows the recent industry-impacting business
combination between Tilray (an existing ROSE partner) and Aphria
Inc.— creating the world's leading cannabis company. As a result,
Huntingdon, Québec's ROSE is now
an official partner to the new entity, representing an array of
recreational cannabis brands in Québec.
"Expanding new business in Québec is always exciting," said ROSE
LifeScience President and CEO Davide
Zaffino, of the partnership which includes sale, supply,
distribution, and marketing. "Québec is the third largest cannabis
market in the country. Partnerships like this show us why."
The partnership between ROSE and Tilray first launched in
December of 2018 with ROSE representing five of Tilray's adult-use
recreational cannabis brands. The newly expanded partnership with
ROSE will now represent the full Tilray portfolio inclusive of
Grail, Marley Natural, Dubon, La Batch, Broken Coast, Riff, Solei,
Good Supply, B!NGO and P'tite Pof. This means that ROSE will now be
representing the entire Tilray Portfolio — spanning from
ultra-premium options to accessible value brands from across
Canada.
Davide Zaffino, ROSE LifeScience
President and CEO stated, "Tilray believes in us and investing in
the Québec market, so expanding our relationship through this new
partnership not only shows we are on the right track together but
is a testament to their vision. To have Tilray's full confidence
means a lot to everyone at ROSE. We believe it's another
opportunity for communities, businesses and consumers in Québec to
rally around the cannabis industry responsibly and continue to help
it advance in the right way."
Bernie Yeung, Senior Vice
President of Sales and Marketing at Tilray stated, "We're proud to
expand our distribution partnership with ROSE in Quebec and have full confidence that together
we'll continue to grow our business."
About ROSE LifeScience Inc.
As a private Quebec company
founded by a group of seasoned executives with extensive experience
in highly regulated industries, ROSE LifeScience is committed to
ensuring that Québec benefits from the responsible production, sale
and consumption of cannabis. From cannabis cultivation to marketing
and logistics, ROSE plays a key role in the Québec market. ROSE not
only produces remarkable cannabis, but also provides complete
marketing services to selected producers to encourage a diversified
offer on the Québec market. ROSE is also the company behind the
micro-producer collective DLYS. For more information, visit
www.roselifesience.ca.
About Tilray®
Tilray, Inc. is a leading global
cannabis-lifestyle and consumer packaged goods company with
operations in Canada, the United States, Europe, Australia, and Latin
America that is changing people's lives for the better – one
person at a time – by inspiring and empowering the worldwide
community to live their very best life by providing them with
products that meet the needs of their mind, body, and soul and
invoke a sense of wellbeing. Tilray's mission is to be the trusted
partner for its patients and consumers by providing them with a
cultivated experience and health and wellbeing through
high-quality, differentiated brands and innovative products. A
pioneer in cannabis research, cultivation, and distribution,
Tilray's unprecedented production platform supports over 20 brands
in over 20 countries, including comprehensive cannabis offerings,
hemp-based foods, and alcoholic beverages.
For more information on how we open a world of wellbeing, visit
www.Tilray.com.
SOURCE ROSE LifeScience