Gaia Grow Corp C.GAIA

Gaia .. Enagon exclusivity

[StoneMan45]

https://www.gaiagrow.com/news-releases/13-news-releases/50-aiaignsindingwithempillingompany20200204

For industrial hemp supplied to Enagon by Gaia, the revenue for the sale of the milled product will be split 30% to Enagon and 70% to Gaia. For industrial hemp supplied by Enagon pursuant to Gaia's licence, the revenue for the milled product will be split 70% to Enagon and 30% to Gaia. Gaia will be responsible for all sales of milled hemp and the distribution of revenue from such sales. Any revenue generated by the sale of milled product produced from industrial hemp supplied by third parties will be split 50% to Enagon and 50% to Gaia.

"Enagon and Gaia have aligned with a mutual goal of results driven growth" said Frederick Pels, CEO of Gaia. "Having a quality hemp product at this capacity and distributing directly to every open revenue stream is simply the best business model possible. I anticipate the next steps we take together with Enagon will continue to advance this industry, elevate both our companies, and increase shareholder value. I look forward to keeping our shareholders updated with our progress over the coming quarters."

[iamronmexico]

This post has been removed in accordance with Community Policy

[StoneMan45]

yep, it's a great deal for both and it looks like they will be looking for additional hemp thru the winter to upgrade using Enagon superior methed.  Enagon's Power Wave Mills produce sound waves, pressure waves and vortex eddies that are precision tuned to remove moisture molecules while producing a range of micron size particles.

[StoneMan45]

method

[NomenEstOmen]

Just read this from Gaia's tweet and then checked if someone already added it here. This is good and I guess more news to be released soon related to "truckload of hemp" news which was released earlier. I mean sales / deals updates. :)

[StoneMan45]

be interesting if this  "One of the largest hemp processors in Canada.." that has taken a truckload of hemp from Gaia, decides that Gaia's product is superior along with cutting down their processing costs. Could be an awesome growing relationship 

[fortunetelller]

1/2 ton truck load ?

[GreenPeppers]

21,000 lbs was first truckload.

[StoneMan45]

not 1/2 tonne  https://stockhouse.com/news/press-releases/2020/01/22/gaia-enters-into-first-sale-of-biomass "The Company's first sale of BioMass has entered final stages after very promising results from a test of one of its bales. One of the largest hemp processors in Canada has initiated a purchase order, requesting a truck load of bales for a full run. Provided another successful