Hay The ECS Announcement today what's the impact on EPN is this why they went into trading halt no deal with Valens ? I thought Cannvalate was in Bed with EPN ? Anyone got a clue before they reopen tomorrow ?
ECS secures $4.9m medicinal cannabis resin supply agreement with Cannvalate ● Binding agreement signed for supply of medicinal cannabis resin to Cannvalate Pty Ltd ● Subsidiary company ECS Botanics MC Pty Ltd will supply Cannvalate with a minimum of $4,906,000 in GMP manufactured medicinal cannabis resin ● Supply will commence within the next twelve months and continue for a further three years following commissioning of extraction equipment at ECS’ supply and tolling partners (Sun Pharmaceuticals Australia Pty Ltd) facility ● Commissioning at partner facility expected to complete in early 2023 ● TGA expected to enforce stricter quality standards on imported medicinal cannabis products in March 2022, highly supportive of local industry demand ● Cannvalate will use resin to service relationship with The Valens Company Inc (TSX: VLNS), a global leader in manufacturing cannabinoid-based products ECS Botanics Holdings Ltd (ASX: ECS) (“ECS” or the “Company”)
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Hay The ECS Announcement today what's the impact on EPN is this...
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