Zenabis: Climbs on cannabis flower supply deal with Canveda
12/08/2020 15:54
** Shares of Canadian cannabis producer Zenabis ZENA.TO
rise 4.2% to C$0.125
** ZENA enters one-year deal to supply cannabis flower to
Canveda Inc, a unit of MPX International Corp
MPXI.CD urn:newsml:reuters.com:*:nFWN2FE0K8
** The deal provides Canveda with a minimum of 300 kg of
cannabis flower per calendar quarter and a maximum of 1,000 kg
of cannabis flower per quarter
** ZENA says the first shipment of 100 kg from its
Atholville facility will be made upon receipt of an export
permit from Health Canada
** ZENA stock down 32.4% YTD
(Reporting by Shradha Singh in Bengaluru)
((Shradha.Singh@thomsonreuters.com; within U.S. +1 646 223 8780
Ext: 2804, outside U.S. +91 80 6182 2630;))