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Tag Archives: Supply Agreeement

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Emblem signs supply agreement with Aphria to purchase up to 175,000 kg equivalents of cannabis products over five years

Emblem signs supply agreement with Aphria to purchase up to 175,000 kg equivalents of cannabis products over five years
Sept. 12, 2018 (GLOBE NEWSWIRE) -- Emblem Corp. (TSXV: EMC, OTCQX: EMMBF) (“Emblem” or the “Company”), through its wholly-owned subsidiary Emblem Cannabis Corporation, a licensed producer of medical cannabis under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), today announced that it has entered into a five-year wholesale supply agreement (the “Agreement”) with Aphria Inc. (“Aphria”) (TSX: APH, US OTC: APHQF). The Agreement will see Emblem purchase up to an aggregate of 175,000 kg equivalents of cannabis products from Aphria over a five-year term (the “Initial Term”), with the opportunity for five-year renewals. Pursuant to the Agreement, Emblem will pay to Aphria an initial deposit comprised of a cash payment of $12,755,625 and the issuance of 6,952,169 common shares of Emblem (the “Emblem Shares”).
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FSD Pharma signs MOU to supply Sask. market with pot

FSD Pharma signs MOU to supply Sask. market with pot
FSD Pharma Inc.'s wholly owned subsidiary, FV Pharma Inc., has entered into a non-binding memorandum of understanding (MOU) with High Tide Ventures Inc. dated July 18, 2018, to supply the Saskatchewan market on a wholesale basis with up to 5,000 kilograms of cannabis products over the next year when available. FSD Pharma is working together with Auxly (formerly Cannabis Wheaton Income Corp.) to achieve its mission to develop the largest hydroponic indoor cannabis cultivation facility in Cobourg, Ontario, Canada.
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