Phivida Holdings Inc. (
CNX: C.VIDA,
OTC:PHVAF,
Forum) announced on Monday that it has entered into a distribution agreement with
Asayake Inc. in Japan.
Phivida President and Chairman, John Belfontaine stated that the Company is one of the first federally-approved CBD-infused food and supplement brands to be selected for the Japanese market, which rarely approves CBD products at the federal level.
More information can be found
here.
The Company was in the news recently when announced a
new product inventory, formulated for muscle, bones and joints, as well as entering into a joint venture with WeedMD on cannabis-infused beverages, called Cannabis Beverages Inc.
Full Disclosure: Phivida Holdings Inc. is a paid client of Stockhouse Publishing.