Some marijuana sector stocks are up slightly after Ontario announced supply agreements with 26 licensed producers in preparation for legalization of recreational pot this fall.

Smaller producers which signed initial agreements with the Ontario Cannabis Store, which will be selling pot online starting on Oct. 17, saw bigger lifts in the volatile sector.

Shares of licensed producer Beleave Inc. were up roughly 16 per cent to $1.55 in Toronto while Newstrike Brands Ltd.'s stock was up more than 21 per cent to $0.67.

Ontario announced late Monday that it had signed agreements with 26 licensed producers such as Canopy Growth Corp., Aurora Cannabis and Aphria Inc. as well as smaller players including Starseed Medicinal Inc. and Solace Health Inc.

Companies to Supply a Broad Variety of Products for the Emerging Adult Consumer Market

Aurora Cannabis Inc. ("Aurora" or the "Company") (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) is pleased to confirm it, and its wholly-owned subsidiary MedReleaf, have entered into supply agreements with the Ontario Cannabis Stores, a key market in the Company's adult consumer use strategy. When government-run online sales commence on October 17, Aurora and MedReleaf will supply a broad range of dried flower and higher margin products, such as pre-rolls, oils and capsules.

The University of Guelph is working on a smoke-free policy for campus.

It will include consultations with students, staff and faculty, and part of that conversation will include talking about cannabis, which becomes legal on October 22.

Don O'Leary, vice president of administration and finance, said the school is creating a new no-smoking policy, which will prohibit the smoking of all tobacco and cannabis products on campus or in student residences.  "We're going through a public process here with stakeholders," O'Leary told CBC K-W. He also said they would "step up" the public consultations in fall when students are back at school. 

Municipalities in Ontario say they are skeptical about the Ford government’s timeline for rolling out private cannabis stores.

Newstrike Brands Ltd. (TSX-V:HIP) ("Newstrike" or the "Company"), is pleased to announce that its wholly-owned subsidiary, Up Cannabis Inc. ("Up Cannabis"), has entered into an agreement naming it to the list of official suppliers to the Ontario Cannabis Store (OCS), positioning Up Cannabis to service Canada's largest adult-use cannabis market.

The online retailer says it will sell a variety of products, including dried flower, cannabis oil and cannabis seeds, when pot becomes legal on Oct. 17. The Ontario Cannabis Store says it has partnered with 26 licensed producers for its online retail platform.

The store, which will be Ontario’s only online retailer when recreational marijuana is legalized in the fall, said Monday that the supply agreements with Health Canada-authorized producers were competitive. The online retailer says it will sell a variety of products, including dried flower, cannabis oil and cannabis seeds, to customers 19 and older when pot becomes legal on Oct. 17.

Hiku Brands Company Ltd. (CSE: HIKU) ("Hiku" or the "Company") is excited to announce that we have entered into a supply agreement with the Ontario Cannabis Store to supply branded cannabis online starting October 17, 2018.

The Supply Agreement will see 25 SKUs of cannabis available for sale in Ontario, which is in addition to previously announced supply agreements that Hiku Brands has entered into in Manitoba and British Columbia. As Canada's first vertically integrated cannabis company, Hiku is an active participant in both the wholesale and future retail markets of cannabis.

Hiku Brands cannabis will be available in various sizes and formats including raw flower, oils, pre-rolls, and our Hosting Gift Pack.

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (the "Company" or "Canopy Growth"), through its wholly-owned subsidiary Tweed Inc., has been selected as an approved supplier by the Ontario Cannabis Store ("OCS") to supply a wide variety of cannabis products through its online store starting October 17th, 2018.

Specific quantities will be disclosed once those details have been released by the province. In total, Tweed has successfully listed over 100 cannabis SKUs across multiple formats including pre-rolled joints, dried flower, oils, and softgel capsules.

Business-owner Don Briere says he is about to secure leases on several storefronts across Toronto to fuel an aggressive expansion of his B.C.-based Weeds Glass and Gifts chain, which lists four locations as currently operating in Ottawa and Vancouver.

Ontario’s dispensary operators are facing an existential dilemma: Shut down in the hopes of securing a coveted cannabis retail licence from the province by next April or continue selling a drug they say should be made easily available now more than ever.

With marijuana set to be legalized in Canada on October 17, the provincial government recently announced a policy change that would allow recreational pot to be sold in retail stores while the province handles online sales.

Under the province’s new retail model, Ontario residents 19 years of age and older will be able to buy legal cannabis through a government-run website before the ‘private retail model’ is launched in 2019.