CannaPharmaRx Signs Supply Agreement With Y.S.A For Up To $15M Annually Of Commercial Cannabis
CannaPharmaRx Signs Supply Agreement With Y.S.A For Up To $15M Annually Of Commercial Cannabis
CannaPharmaRx, Inc. (OTCPK:CPMD) has signed a supply agreement with Israeli company Y.S.A Holdings. The business arrangement sets forth a supply agreement between the two companies.
CannaPharmarx, Inc. (OTCPK: CPMD) 已经签署了 s供应 一个与以色列公司 Y.S.A Holdings 达成协议。该业务安排规定了两家公司之间的供应协议。
Under the terms of the agreement, CannaPharmaRx will cultivate commercial cannabis at its facility in Canada and supply YSA Group material for the sole purpose of selling finished product in Israel and Morocco. The agreement shall initially be for 24 months and automatically renews for periods of 24 months each.
根据协议条款，CannaPharmarX将在其加拿大工厂种植商用大麻，并供应YSA集团的材料，其唯一目的是在以色列和摩洛哥销售成品。协议最初有效期为24个月，每次自动续订24个月。
YSA will buy from CannaPharmaRX a minimum of 400kg of material per annum per each country comprising the territory during the term. It is anticipated that purchase orders will be between 400kg and 1000kg and occur as often as four times annually. Deliveries are anticipated to begin in Q3 quarter. anticipated revenues can be between $6 - $15 million on a yearly basis depending on quantity and timing.
YSA 将从 CannaPharmarX 那里购买 至少 400 千克 m物质的 在任期内构成领土的每个国家每年。预计采购订单将在400千克至1000千克之间，每年多达四次。预计将于第三季度开始交付。预计年收入可能在600万至1500万美元之间，具体取决于数量和时间。
"In accordance with the company's model, we are building an international brand for our product. For this agreement, the brand will contain up to fifteen strains from the large pool of CannapharmaRX's exclusive inventory. This is an important agreement for us as YSA's CEO has significant experience in this industry and specifically in the international marketplace. Until recently he was the CEO of Teva Adir, one of the original and leading cannabis companies in Israel and currently advises the Moroccan government on the regulation issues required to market cannabis in the field. We continue to grow our customers and distribution across the globe," stated Nick Colvin, CEO of CannaPharmaRx.
“按照公司的模式，我们正在为我们的产品建立一个国际品牌。根据该协议，该品牌将包含来自CannapHarmarx大量独家库存的多达十五种菌株。这对我们来说是一项重要的协议，因为YSA的首席执行官在该行业，尤其是在国际市场上拥有丰富的经验。直到最近，他还是以下公司的首席执行官 Teva Adir，是以色列最初和领先的大麻公司之一，目前就在该领域销售大麻所需的监管问题向摩洛哥政府提供建议。我们将继续在全球范围内扩大客户和分销渠道，” 他说 尼克·科尔文，CannaPharmarX 首席执行官。
Benzinga's Cannabis Capital Conference Is Back
本辛加的大麻资本会议回来了
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Donâ€t miss out. Secure your tickets now. Prices will surge very soon.
Benzinga Cannabis Capital Conference是世界上最成功的大麻商业盛会，第16届重返迈阿密。这是完成交易、筹集资金、开始并购以及公司与投资者和关键合作伙伴会面的地方。4 月 11 日至 12 日，加入我们位于佛罗里达州的迈阿密海滩枫丹白露酒店。dona€我错过了。立即获取门票。价格很快就会飙升。
Photo: Benzinga edit with photos by jarmoluk and lindsayfox on Pixabay
照片：Benzinga 在 Pixabay 上使用 jarmoluk 和 lindsayfox 的照片进行编辑