Relevium Technologies (TSXV:RLV) announced a new supply agreement with Plena Global Holdings to supply full spectrum cannabidiol (CBD) oil in Europe next year.
As quoted in the press release:
The Company is leveraging its current market expansion initiatives into the European Marketplace to accelerate the introduction of Cannabinoid based nutraceutical supplements in this lucrative and accessible market. In order to secure high quality supply of full spectrum CBD oil directly to its European supply chain partners, the Company has signed an agreement with Plena Global Holdings, a company with 130 million square feet of committed grow operations that meet Canadian and European standards.
Aurelio Useche CEO Stated: “Our supply partnership with Plena Global Holdings is a critical milestone for Relevium as it ensures a steady long-term supply of superior quality full spectrum CBD oil for the company’s nutraceutical retail brands currently being launched in Europe.”