- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Silver47 Exploration
Purpose Bitcoin ETF
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Aleafia Announces Strategic Partnership with CannTrust
Aleafia Health, a medical cannabis company announced a strategic supply partnership with CannTrust.
Aleafia Health (TSXV:ALEF; OTC:CAMDF), a medical cannabis company announced a strategic supply partnership with CannTrust (TSX:TRST).
As quoted in the press release:
The companies have entered into a strategic genetic supply agreement through which Aleafia will receive various strains of high-quality starter genetics for its first licensed production facility in Scugog, Ontario, and CannTrust taking the right of first refusal to purchase product from Aleafia.
CannTrust has provided starter genetics to Aleafia for cultivation, which is underway at the Aleafia Farms licensed facility. Aleafia is expecting to complete its first harvest in May and, once completed, Aleafia is expecting to receive its ACMPR sales and distribution license shortly thereafter, subject to a successful inspection by Health Canada.
CannTrust will also have the ability to purchase product from Aleafia’s harvest. This would support CannTrust’s patient base and provide Aleafia with revenue growth in the near term, augmenting the existing revenue derived from the nationwide Canabo clinic network.
Source: www.newswire.ca
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.