Brief: CX Industries Signs Exclusive Agreement With Ignite International Brands

Entourage Health

24/07/2019 13:12

July 24 (Reuters) - WeedMD Inc  WMD.V :
    * CX INDUSTRIES SIGNS EXCLUSIVE AGREEMENT WITH IGNITE
INTERNATIONAL BRANDS TO SUPPLY PREMIUM CANNABIS AND CBD PRODUCTS
    * WEEDMD INC - ENTERED INTO AN EXCLUSIVE LICENSING AGREEMENT
FOR
AN INITIAL TERM OF TWO YEARS WITH AN OPTION FOR A THIRD YEAR
    * WEEDMD INC - CX INDUSTRIES IS EXPECTED TO HAVE CAPACITY TO
PROCESS OVER 200,000 KILOGRAMS OF BIOMASS IN 2020
    * WEEDMD INC - EXPECTS TO BEGIN PROCESSING ROUGHLY 20,000
KILOGRAMS OF BIOMASS DELIVERED FROM WEEDMD'S FIRST HARVEST IN Q4
2019

Source text for Eikon:  ID:nGNXc23tfS 
Further company coverage:  WMD.V 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))