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Thursday, Aug 11, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Canada

QcGoldtech set to expand distribution across Canada

New French-Canadian inspired subsidiary will soon make its way to remaining provinces

QcGoldtech set to expand operations across Canada
Photo via QcGoldtech

A Quebec-based company with a passion for indoor and outdoor cannabis cultivation now plans to expand its market presence throughout Canada with a new brand inspired by French heritage.

On Wednesday, QcGoldtech proudly announced that it would begin marketing products throughout the country under the new subsidiary brand name Fleurs de l’île beginning this fall.

The eastern pot company credits the new brand title to its horticulture origins in Quebec.

Photo via QcGoldtech

Read more: Extract market projected to have exponential growth: Coherent Market Insights

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Founded in 2017, QcGoldtech specializes in growing, processing and selling a variety of cannabis products. The company employs approximately 130 workers who maintain operations in the Petite-Nation region.

QcGoldtech will be assisted by Velvet Management Inc. for its new business endeavour, a cannabis sales and marketing agency also headquartered in Quebec.

“Having QcGoldtech among the clients that we represent across Canada is an important strategic asset for us. QcGoldtech’s milled, pre-rolled, and oil products are an addition that complements Velvet’s Canadian portfolio,” said Vianney Aubrecht, President of Velvet Management Inc.

Yvan Delorme, CEO of QcGoldtech stated that the new partnership with Velvet was paramount for the development of QcGold and Fleurs de l’île. The SQDC (Société québécoise du cannabis) is the only current client for the company and Delorme says that the government owned dispensary chain does not value Quebec’s cannabis industry.

Sales for Fleurs de l’île are expected to commence in September, and more details will be released in the coming months.

 

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