GREY:ISOLF - Post by User
Post by
Piperdoonon Jan 29, 2019 12:53am
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Post# 29290982
Anyone know what happened with this?
Anyone know what happened with this?
appears that with this deal, it is Nuuveras intention to utilize the cannabidiol that is imported for research and development initially. Upon the success of the formulation of products, the company will then import up to 30,000 KG of cannabidiol from Isodiols European facility on a monthly basis. These pharmacy grade products will then be sold by Nuuvera in local and international markets. Essentially, it appears that Isodiol is simply providing the raw ingredients for a product. What may be the most beneficial aspect of this deal for Isodiol is recent developments in the sector. Yesterday, it was announced that Nuuvera is to be bought out by Aphria Inc, one of the largest players in the Canadian cannabis market. The purpose of the acquisition as stated by Aphria, is for the leveraging of Nuuveras international assets. Isodiol stands to benefit from the increased customer base provided through Aphria, as well as any potential growth seen on a global scale by the company as Aphria focuses on leveraging these markets. The deal is set to progress to a definitive agreement after an initial importation of product has occurred. This batch of product will then be analyzed and tested by Nuuvera before a final agreement is ultimately agreed to. ALSO, what happened with green island naturals ???