https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aHVT-2656
Harvest One provides details on OCS supply deal
2018-09-06 20:05 ET - News Release
Mr. Jason Conroy of MMJ PhytoTech reports
MMJ PHYTOTECH LTD (MMJJF) FURTHER DETAILS ON OCS SUPPLY AGREEMENT FOR UNITED GREENERIES
MMJ PhytoTech Ltd. attaches a copy of a news release by Harvest One Cannabis Inc. providing further details in respect of the recreational cannabis supply agreement for its subsidiary United Greeneries with the Ontario Cannabis Store (OCS), announced by MMJ yesterday.
MMJ is pleased to note the comment that Harvest One is developing a national retail strategy, details of which will be announced in the coming weeks.
MMJ owns 30.2 per cent of Harvest One.
Harvest One Cannabis is pleased to announce its wholly owned subsidiary United Greeneries?Ltd. has entered into a supply agreement with the Ontario Cannabis Retail Corp. (OCRC) to supply high-quality cannabis for on-line sales when the adult-use market launches on Oct. 17, 2018.
Under the terms of the agreement, United Greeneries will begin by supplying 15 stock-keeping units of its premium Royal High branded cannabis to the OCRC. The range of products will be available for sale through the Ontario Cannabis Store on-line portal until the launch of the private retail system, currently scheduled for April, 2019.
"We are excited to bring our premium BC grown cannabis to Ontario and ensure the country's largest consumer market has access to the high quality products that UG has become known for" said Grant Froese, CEO of Harvest One. "We are looking forward to working with the Government of Ontario as they establish their new private retail model over the coming months. Ontario is an integral part of Harvest One's national retail strategy which is rapidly developing with both provincial and private retailers, and which we'll have more to announce in the coming weeks."
About Harvest One Cannabis Inc. (TSXV: HVT)
Harvest One is a global cannabis company focused on delivering high quality, innovative cannabis products and technologies to regulated markets around the world. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned operating subsidiaries: horticultural arm and Canadian Licensed Producer, United Greeneries Ltd.; medical and pharmaceutical arm, Satipharm AG; and Dream Water Global, the group's consumer goods division.
About MMJ PhytoTech Ltd:
MMJ PhytoTech Limited (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail.