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Msg  397 of 450  at  5/14/2019 10:51:51 AM  by

KevinKT


LABS to extract for CRON

Cronos in $30M supply deal with MediPharm Labs

|About: Cronos Group Inc. (CRON)|By:, SA News Editor

The agreement calls for MediPharm Labs (OTCQX:MEDIF) to supply Cronos (NASDAQ:CRON) with about $30M of high-quality private label cannabis concentrate over an 18-month period, and potentially up to $60M over 24 months.

 

Fantastic news from $LABS again this AM, once again demonstrating that the big LP's are struggling when it comes to extraction. The same big LP's are sitting on unsalable inventories that need to be extracted to extend shelf life. Perfect storm.

 
 


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Replies
Msg # Subject Author Recs Date Posted
398 Re: LABS to extract for CRON checkmate77 2 5/14/2019 1:36:56 PM
399 Re: LABS to extract for CRON KevinKT 2 5/14/2019 9:03:29 PM


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