WeedMD Inc. , a federally-licensed producer and distributor of medical-grade cannabis is pleased to announce it has entered into a supply agreement with Pax Labs, Inc. (“PAX”), a leader in premium cannabis vaporizer technology, with award-winning devices for both oil concentrates and flower. WeedMD will become a brand partner and supplier for the PAX® ERA® Collection in Canada, which includes the closed-loop PAX® ERA® and ERA PRO™ devices.
WeedMD’s partnership with PAX will accelerate the growth of the Company’s Cannabis 2.0 product strategy as it expands into new formats using its low-cost, quality-produced, strain-specific biomass. As the latest cultivator to launch PAX Era Pods in Canada, WeedMD will produce cannabis oil pods for the ‘pen-and-pod’ vaporizer devices at the Company’s state-of-the-art extraction hub in Aylmer, Ontario. WeedMD will sell Color Cannabis, and Starseed Medicinal-branded oil pods nationwide through supply arrangements with retailers, and its online medical store.
“As we continue to enhance and expand our new cannabis formats and brand reach for Color and Starseed, we’re proud to partner with PAX, and we are looking forward to adding its line up to our growing portfolio of 2.0 brands,” said Angelo Tsebelis, CEO of WeedMD. “PAX is widely known as a premier innovator in cannabis product vaporizers. With its award-winning brand appeal and consumer-favoured hardware offerings, PAX is perfectly suited to be paired with WeedMD’s quality-produced, terpene-rich cannabis concentrates.”
“PAX is thrilled to welcome WeedMD, a leader in the medical cannabis channel in Canada, to our Canadian Brand Partner family,” said Tim Pellerin, General Manager, Canada & International at PAX Labs. “WeedMD has a record of delivering high-quality, novel products to patients and consumers in varied consumption methods. We look forward to growing together across all channels, rooted in our shared rigor in quality, innovation, and access to information, to bring these products to medical and adult-use consumers across the country.”
PAX Era Pods, for use with PAX’s high-tech oil vaporizers, are dependable, leak-resistant and designed to be clog-free. PAX is a market leader with over two million devices sold worldwide and an established reputation as the best-selling pen-and-pod system in the U.S.
About WeedMD Inc.
WeedMD Inc. is the publicly-traded parent company of WeedMD RX Inc. and Starseed Medicinal Inc., federally-licensed producers of cannabis products for both the medical and adult-use markets. The Company owns and operates a 158-acre state-of-the-art greenhouse, outdoor and processing facility located in Strathroy, Ontario as well as a fully-licensed 26,000 sq. ft. Aylmer, Ontario processing facility, specializing in cannabis extraction. With the addition of Starseed, a medical-centric operator based in Bowmanville, Ontario, WeedMD has expanded its multi-channeled distribution strategy. Starseed’s industry-first, exclusive partnership with LiUNA, the largest construction union in Canada, along with other employers and union groups complements WeedMD’s direct sales to medical patients. The Company maintains strategic relationships in the seniors’ market and supply agreements with Shoppers Drug Mart as well as seven provincial distribution agencies where adult-use brands Color Cannabis and Saturday are sold.
For further information, please contact:
For Investor Enquiries:
Valter Pinto
Managing Director
KCSA Strategic Communications
1-212-896-1254
weedmd@kcsa.com
For Media Enquiries:
Marianella delaBarrera
VP, Communications & Corporate Affairs
416-897-6644
marianella@weedmd.com