RE:RE:Month End Bills to Pay???Byte me bb, biatch basher:
Sugarbud Craft Growers Corp. has entered into an agreement with Adastra Labs Holding Ltd. to supply dried flower and trim for use in extraction.
Under the terms of the agreement, Sugarbud will supply Adastra with a minimum of 900,000 grams of premium dried cannabis flower and trim over a period of nine months beginning March 1, 2020, subject to licensing and regulatory approvals.
"As an early-stage, federally licensed producer of premium cannabis, we are excited to move forward with this partnership with Adastra. We believe that there is strength to be found through collaboration and this initial partnership with Adastra speaks volumes to our commitment to quality and industry confidence in our ability to execute," said John Kondrosky, chief executive officer of Sugarbud.
Sugarbud received its cultivation licence on Aug. 30 and expects to complete the first harvest in each of its two licensed grow rooms in late fourth quarter of this year.
Andy Hale, chief executive officer of Adastra, stated: "When it comes to extractions, the quality of the input material is paramount. Our partnership with Sugarbud will provide us with high-quality cannabis that will be used to create premium extract products. This agreement represents a major milestone for Adastra as we enter the Canadian cannabis industry. We look forward to collaborating with the Sugarbud team."
About Sugarbud Craft Growers Corp.
Sugarbud is a federally licensed Alberta-based cannabis company focused on the cultivation and production of high-quality premium cannabis, and product leadership through the development, production and distribution of value-added cannabis products in Canada.
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One other note "7 TD Sec" seller sold over 1.5 million shares today. Thats more than 1/2 total volume for today, could be just one shorter....