Post by
stockboy52 on Jul 17, 2020 11:03am
Older news release...
Found this from 2018. SUGR since then has grown some of the best weed in North America and distributed through ISH, Canada's largest retail franchise...win win for both companies...
SugarBud and ISH will also enter into a partnership agreement which will provide for the following principal terms: (i) SugarBud will have the right, but not the obligation, to supply the retail locations of Spirit Leaf Inc., a subsidiary of ISH, with SugarBud's cannabis products in an amount equal to 10 per cent of the required product supply in respect of each Spiritleaf retail location; (ii) SugarBud will have the exclusive right to supply ISH with the cannabis inputs in respect of ISH's premium Prairie Flower Alberta craft cannabis brand, in an amount equal to 10 per cent of the required cannabis product supply in respect of each Spiritleaf retail location; (iii) ISH shall provide free advertising and promotion regarding SugarBud's cannabis products and ISH's Prairie Flower brand in accordance with applicable regulations; and (iv) the parties will agree to collaborate and explore other opportunities to further their respective and mutual business objectives.
Comment by
JaCkSnap on Jul 20, 2020 9:27am
that agreement was disolved looong ago, when the Ontario goverment changed the rules.
Comment by
stockboy52 on Jul 20, 2020 2:06pm
Ok...thanks for that info...didn't realize it was dissolved.
Comment by
JaCkSnap on Jul 21, 2020 10:06am
ya, it has something to do with protection against any single entity monopolozing the industry. But the good news is that the Canadian goverment is going to ban short sellers.