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Bullboard - Stock Discussion Forum Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

OTCPK:EMMBF - Post Discussion

Emblem Corp > Natura Naturals Receives Authorization for Bulk Sales
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Post by fringelife on Nov 12, 2018 12:56pm

Natura Naturals Receives Authorization for Bulk Sales

Emblem has a supply deal with Natura Naturals and this means they can start supplying Emblem with what they need. Emblem also has an LOI to buy Natura Naturals as well.

https://www.newswire.ca/news-releases/natura-receives-authorization-for-bulk-sales-700286561.html
Comment by Skyscraper31 on Nov 12, 2018 1:57pm
LOI was terminated a couple months ago...
Comment by fringelife on Nov 12, 2018 2:25pm
Ah I see that now. Did some quick DD to find the June article, but missed the one in Sept. However this is good short term considering that they'd likely have to dilute in order to buy them. So for now, they do remain a supplier and having bulk sales will help with fulfilling that contract.
Comment by Martinez1441 on Nov 12, 2018 9:39pm
Correct, LOI was terminated. However, Emblem has a 3,000kg supply agreement with NN (plus a possible 2,000kg more for a total of 5,000kg). They can now begin to fulfill thier Obligations, and we get more product on the market. NN is Growing Emblem specific strains specifically to fullfill these obligations. This is a big deal. Getting more product online as soon as possible will help Emblem remain ...more  
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