Canada is expected to make marijuana legal recreational later this year and Second Cup, a popular coffee chain in Canada, is ready to reap the potential rewards.

Canadian newspaper The Globe and Mail has reported that Second Cup has signed a deal with a medical marijuana consulting company called National Access Cannabis (NAC) to develop recreational weed stores.

Second Cup has over 300 locations throughout Canada and wants to covert some of the company’s stores into weed dispensaries said the newspaper.

“This stra­tegic re­la­tion­ship pro­vides Se­cond Cup with a great op­por­tun­ity to lever­age our se­lect real es­tate assets to in­crease value for share­hold­ers and fran­chis­ee part­ners,” Se­cond Cup CEO Gar­ry Mac­don­ald said to The Globe and Mail.

According to NAC CEO Mark Goliger the agreement “al­lows us to quick­ly ex­pand our foot­print in prov­en high-traf­fic re­tail lo­ca­tions across Canada,” according to the paper.


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