- The 2,400 sq ft retail location is in one of Vancouver’s most diverse neighborhoods
- Quantum has 20 days to complete its due diligence and finalize terms
Vancouver, BC – TheNewswire – February 16 th , 2021 – Quizam Media Corporation (“the Company”) (CSE:QQ) (CNSX:QQ.CN) (OTC: QQQFF) is pleased to announce that its subsidiary, Quantum 1 Cannabis (“Quantum”), one of Canada’s fastest growing and leading recreational cannabis retailers, has signed a Memorandum of Understanding (“MOU”) to acquire an approved, municipal cannabis retail location in one of Vancouver’s most diverse neighborhoods at 41 st and Cambie Street in Vancouver, BC.
“This flagship location expands our footprint in the Lower Mainland and has exceptional potential for growth. With over a billion dollars of development being spent at Oakridge Centre, density will significantly increase in what is already a high traffic area,” stated CEO Russ Rossi. “Our dedicated team of experts is excited to serve our growing base of customers with a service and retail experience unlike anything seen in BC before.”
Under the terms of the MOU agreement, Quantum has 20 days to complete its due diligence, finalize terms in a definitive agreement, and ensure the smooth transfer of all licenses and permits.
The new 2,400 square foot location will feature a full service, recreational cannabis retail experience featuring an upscale, contemporary design and a staff of highly trained cannabis consultants.
Tags: Cannabis, Quantum 1 Cannabis, Quizam, Quizam Media Corporation, Retail, Vancouver