KELOWNA, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Allied Corp . ("Allied" or the “Company”) ( OTCQB: ALID ) an international medical company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to announce that it has sold out of its first harvest production inventory.
The demand for Allied’s high quality product has surpassed Allied’s initial supply. In response to this, Allied is swiftly scaling the production in Colombia.
Allied has signed the last purchase order from an international buyer that completes the sale of the last volume of production output from Allied’s initial harvest. This news comes as follow up to Allied’s approvals for being able to commercialize its production output as well as approvals to export to two very large international markets. This positive response from the market has enabled Allied to expedite its business plan.
Scaling the Colombian Production Center
Allied has now prepared the cultivation site and required infrastructure to be able to have the current site operating at full capacity. Allied intends to further expand this to include the additional land surrounding its current location. Due to the advantages that the equatorial climate offers, Allied has adopted a weekly rolling harvest schedule. This presents consistent reliable supply at national level volumes. With the current export approvals, Allied can supply national level quantities to wholesale buyers in several international markets.
“Like in any healthy market, good quality product moves very quickly. We have been very purposeful to not expand too quickly but rather match our supply to the market demand. In light of this, we have put resources towards scaling the production footprint in Colombia. 2021 is an exciting year thus far for Allied to say the least.” said Calum Hughes CEO of Allied.