Second Cup’s Parent Company Eyes 30 Cannabis Shops by 2022

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News Featured News Second Cup’s parent company eyes 30 cannabis... Second Cup’s parent company eyes 30 cannabis shops by 2022

Second Cup Ltd’s (TSX.SCU) parent company, Aegis Brands, is doubling down on its cannabis projects, announcing plans to open as many as 30 pot shops across Canada by 2022 while developing branded-infused products for the adult-use recreational market.

The coffee-turned-cannabis retailer’s chain of pot shops, Hemisphere Cannabis, opened its second Toronto location on Friday, with their initial outlet ahead of sales and profitability projections.

In a statement, Aegis Brands CEO Steven Pelton said they’re in early stages of securing a partner to co-produce a branded line of cannabis products, which may include THC and CBD beverages featuring Second Cup flavours and branding.

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