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Medcolcanna Organics Inc.: Medcolcanna Organics Signs Landmark Agreement with Industry Leader Industrial Hemp Farms (IHF) Medcolcanna , MCCN or the Company ), a leading Canadian and globally integrated medicinal cannabis company with operations in Colombia, is pleased to announce the execution of a Letter of Intent ( LOI ) with Industrial Hemp Farms ( IHF ), a large and well-established company based in Colorado, USA. The proposed business transaction is for the purchase of $1.0M USD ($1.2M CAD approx.) minimum of hemp derived high CBD dried flower per month. Pursuant to the LOI, other commodities will be also purchased from Medcolcanna by IHF. The terms outlined in the LOI include a CBD Dried Flower Supply agreement, an option agreement for the supply of other MCCN products to IHF, and an investment option for IHF into MCCN if IHF meets certain performance targets.

United statesChris reidMedcolcanna organics incColombia newsfile corpIndustrial hemp farmsFlower supplyColombian governmentSupply option agreementFlower supply agreementNews releasesInvestor relations contactஒன்றுபட்டது மாநிலங்களில்கிறிஸ் ரீட்தொழில்துறை சணல் பண்ணைகள்கொலம்பியன் அரசுசெய்தி வெளியீடுகள்