OTCPK:NWKRF - Post by User
Post by
itsallgameon Sep 25, 2018 2:19am
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Post# 28683248
MMJ
MMJ MMJ PhytoTech Ltd (MMJJF) Up Cannabis Signs Agreement with MediPharm Labs
Perth, Australia (ABN Newswire) - MMJ PhytoTech Limited (ASX:MMJ) (OTCMKTS:MMJJF) ("MMJ") is pleased to note the attached news release confirming that Up Cannabis Inc., a wholly-owned subsidiary of Newstrike Brands Ltd (CVE:HIP), has entered into an agreement with MediPharm Labs Inc. ("MediPharm Labs") to supply up to 1,200 kilograms of cannabis flower and shake that will be used for the purpose of extraction and the creation of cannabis oil and/or distillate.
MMJ has invested CAD$5 million of equity for an approximate shareholding of 6.9% in MediPharm Labs.