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Zenabis Signs Agreement for Entrance into Cannabis-Infused Beverage Market скачать в хорошем качестве

Zenabis Signs Agreement for Entrance into Cannabis-Infused Beverage Market Трансляция закончилась 6 лет назад

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Zenabis Signs Agreement for Entrance into Cannabis-Infused Beverage Market
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Zenabis Signs Agreement for Entrance into Cannabis-Infused Beverage Market

Zenabis Signs Agreement for Entrance into Cannabis-Infused Beverage Market - RICH TV LIVE - AUGUST 26, 2019 - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today announced that it has entered into a definitive agreement (the "Agreement") with a Canadian beverage technology company (the "Beverage Partner") that will supply Zenabis with water soluble, odourless, flavourless and colourless cannabis-infused inputs (the "Beverage Inputs"). The Company plans to utilize the technology in the production of cannabis-infused beverages and other cannabis-infused products. With the Beverage Inputs, Zenabis expects to produce cannabis-infused beverages that have onset times less than five minutes. Under the terms of the Agreement, Zenabis will have access to the Beverage Inputs to produce a wide range of THC and CBD-infused beverages, as permitted by applicable laws and regulations. The Beverage Partner will produce the Beverage Inputs using cannabis supplied by Zenabis. At Zenabis' option, the Beverage Partner may also produce finished cannabis-infused beverages for Zenabis by installing a production line for both Beverage Inputs and finished cannabis-infused beverages, at its own cost, at Zenabis Stellarton. As one of many potential uses for the Beverage Inputs, Zenabis intends to produce a line of CBD-infused kombucha products together with Hillsboro Corp Inc. ("True Büch," the cultured tea beverage-maker in which Zenabis acquired a 51% in January 2019). "This Agreement puts Zenabis in a strong position to compete in the cannabis-infused beverage market once these products are legalized in Canada later this year," said Andrew Grieve, Chief Executive Officer of Zenabis. "The Canadian market for these beverages is estimated to be worth $529 million1, so the ability to infuse cannabis in beverages; without affecting their taste, smell or appearance; strengthens Zenabis' position relative to the many other companies planning to commercialize similar products." About Zenabis Zenabis is a significant Canadian licensed cannabis cultivator of medical and recreational cannabis, and a propagator and cultivator of floral and vegetable products. Zenabis employs staff coast-to-coast, across facilities in Atholville, New Brunswick; Delta, Aldergrove, Pitt Meadows and Langley, British Columbia; and Stellarton, Nova Scotia. In addition to gaining technologically advanced knowledge of plant propagation, the recent addition of state-of-the-art greenhouses in Langley, Pitt Meadows and Aldergrove provides Zenabis with 3.5 million square feet of facility space that can, if fully converted, be dedicated to cannabis production. Subscribe -    / richtvlive   Visit - http://www.richtvlive.com/ a community for stocks, , news, and trending topics. #RICHTVLIVE #ZENABIS #NEWS RICH TV LIVE Clothing - https://teespring.com/stores/rich-tv-... list=PLiBGEhbXkQPCHTZsUlx-GxSGgsCLUSKJO Popular Uploads - https://goo.gl/tbvXGg Most Recent Upload - https://goo.gl/unKXBy YouTube Channel Page - https://goo.gl/yUdG7w Subscribe - https://goo.gl/q2tLnn Rich TV Live Playlist - https://goo.gl/e116JF RICH TV LIVE TOP 10 STOCKS Playlist -    • TOP 10 STOCKS MONTHLY   Disclaimer RICH TV LIVE company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. Investing is inherently risky. RICH TV LIVE is not responsible for any gains or losses that result from the opinions expressed on this website, in its research reports, company profiles or in other investor relations materials or presentations that it publishes electronically or in print. Disclosure - https://www.richtvlive.com/feature-.html We strongly encourage all investors to conduct their own research before making any investment decision. For more information on stock market investing, visit the Securities and Exchange Commission ("SEC") at www.sec.gov/Canadian CSA https://www.securities-administrators....

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