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Biome Grow subsidiary to sell cannabis products on Prince Edward Island

PEI Cannabis has approved the sale of cannabis products supplied by Biome’s wholly-owned Nova Scotia-based subsidiary Highland Grow

Biome Grow Inc. - Biome Grow Inc’s Nova Scotia-based subsidiary Highland Grow Inc to sell its cannabis products on Prince Edward Island
Biome can now sell in all four provinces in Atlantic Canada as well as Saskatchewan and Manitoba

Biome Grow Inc (CSE:BIO) (OTCMKTS:BIOIF) announced Thursday it will be selling its cannabis products on Prince Edward Island. 

In a statement, the company said that PEI Cannabis has approved the sale of cannabis products supplied by Biome’s wholly-owned Nova Scotia-based subsidiary Highland Grow Inc. 

“We are an Eastern Canadian-based company so this is a great day for us,” said Biome CEO Khurram Malik. “Highland Grow’s high-quality products will now be available in all four PEI Cannabis locations, as well as on its e-commerce platform making them available in all four provinces in Atlantic Canada as well as Saskatchewan and Manitoba.” 

READ: Biome Grow quadruples 2Q revenue, triples gross profit as commercial production ramps up at Highland Grow

Malik added: “Our high quality, premium flower and pre-rolls have proven very popular with discerning consumers in all five provinces we currently supply so we are very excited to now introduce our brands to cannabis connoisseurs in “The Garden of the Gulf.”

Biome, based in Toronto, said it is growing its commercial footprint since beginning commercial sales of cannabis in January 2019, noting that management will be sharing its plans to add more Canadian provinces in the months ahead.

Rapidly growing, Biome has acquired five subsidiaries and has so far announced around 390,000 square feet of production capacity in operation or under development in Ontario and Atlantic Canada. 

The company's subsidiaries in other provinces include The Back Home Medical Cannabis Corporation in Newfoundland and Labrador, Great Lakes Cannabis and Weed Virtual Retail in Ontario, and Red Sands Craft Cannabis in Prince Edward Island.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

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Price: 0.25 CAD

CSE:BIO
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Market Cap: $27.64 m
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