MOU but at least it's an update on hemp... Memorandum of...

MOU but at least it's an update on hemp...
Memorandum of Understanding with Heilongjiang Beimei Industrial Cannabidiol Extraction Co Ltd(“Beimei” – In August 2021, SCU signed a non-binding Memorandum of Understanding (“MoU”with the Beimei to collaborate on Hemp related activities. The MoU establishes the negotiating parameters for the conclusion of a legally binding agreement that will contain the terms upon which Stemcell United and Beimei will co-operate on various commercial projects involving the cultivation, processing and sales and distribution of hemp and various hemp based products. Beimei is based in the Heilongjiang province in China, and has hemp cultivation and extraction licences.
Sorry don't know why those smilie faces are in there I  didn't do that