Village Farms International, Inc. (NASDAQ: VFF) announced that its subsidiary, Rose LifeScience Inc., a Quebec-based cannabis producer, distributor, and marketer, is set to incorporate HEXO Corp.’s Quebec portfolio into its leading commercialization and distribution services business.
This collaboration aims to leverage ROSE’s commercialization and distribution expertise to facilitate HEXO’s Quebec portfolio’s further expansion. This move complements ROSE’s existing relationship with Tilray, another of ROSE’s long-standing commercialization and distribution partners.
Davide Zaffino, President and CEO of ROSE LifeScience Inc., spoke enthusiastically about this exclusive partnership, affirming its significance for ROSE’s status as a trusted Quebec company serving the Quebec consumer. Since its establishment in 2019, ROSE’s commercialization and distribution services have been highly successful in Quebec. It has enabled carefully chosen partners to expand their presence and product range. We are pleased to include HEXO in our list of partnerships.
This partnership signifies a strategic alignment for ROSE, which continues to reinforce its position in the cannabis industry as a trusted commercialization and distribution partner. The addition of HEXO Corp.’s Quebec portfolio to its business will likely enhance ROSE’s market presence and bolster the growth of its partners in Quebec’s thriving cannabis market.
HEXO Corp. is a well-known brand in the cannabis industry. Its inclusion in ROSE’s portfolio is expected to provide mutual benefits, potentially driving further growth and expansion for both companies in Quebec’s cannabis market. The partnership underlines ROSE’s commitment to driving growth in Quebec’s cannabis sector by offering superior commercialization and distribution services.
Image provided by Village Farms