Cann Group (ASX:CAN) secured agreements to supply its Botanitech range of medicinal cannabis products to an initial 11 Chemist Warehouse pharmacy outlets in Queensland, according to a Thursday filing with the Australian bourse.
Financial terms were not disclosed.
Sigma Healthcare (ASX:SIG) owns Chemist Warehouse through its merger with CW Group Holdings.
Cann Group's shares rose 13% in recent Thursday trade, while Sigma Healthcare's shares fell almost 2%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.