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Home Canada

Emblem Makes $3 Million CAD Strategic Investment in Natura Naturals and 9,000 kg Supply Agreement Over 3 Years

D.M.O. Newswire by D.M.O. Newswire
July 18, 2018
in Canada, Investments, Marijuana Stocks, Press Releases
Emblem Corp. (TSXV:EMC) (OTC:EMMBF) Marijuana Stock Update
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TORONTO, July 18, 2018 (GLOBE NEWSWIRE) — Emblem Corp. (TSXV:EMC) (TSXV:EMC.WT) (OTCBB:EMMBF) (“Emblem” or the “Company”), announced today that it is making a strategic equity investment (the “Equity Investment”) into Natura Naturals Inc. (“Natura”), a 662,000 square foot licensed greenhouse cultivator of medical cannabis pursuant to Health Canada’s Access to Cannabis for Medical Purposes Regulations (“ACMPR”). The companies have also signed a three-year cannabis supply agreement (the “Agreement”) to provide Emblem up to 3,000kg of high-quality cannabis flower per year from Natura’s Phase 1 cultivation facility.

Read the full press release: http://globenewswire.com/news-release/2018/07/18/1538780/0/en/Emblem-Announces-3-Million-Strategic-Equity-Investment-in-Natura-Naturals-and-9-000-kg-Supply-Agreement-over-three-years.html

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Tags: Emblem Corp.licensed producerNatura Naturals Inc.OTC:EMMBFTSXV:EMCTSXV:EMC.WT

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