Saturday, May 31, 2025

Latest

Geyser Brands Signs Letter of Intent For Co-Packing Agreement

Geyser Brands (TSXV: GYSR) announced this morning that its subsidiary Apothecary Botanicals has signed a non-binder letter of intent with that of Yield Growth Corp (CSE: BOSS). The agreement will see Apothecary manufacture and distribute a line of cannabis infused products that include topicals, tinctures, and capsules under Yield Growth’s “Jack n Jane” brand.

The letter of intent marks one of the first co-packing agreements for Apothecary Brands, who will supply the cannabis for the formulations, and provide all manufacturing and distribution of the product through its Health Canada licensed production facility. Under the proposed arrangement, Yield Growth will provide only the branding and non-cannabis ingredients, while Apothecary handles everything else. The first products are expected to hit store shelves by the end of the year.

The goal of Apothecary Botanicals is to deliver innovative formulations and high-quality manufacturing using cannabis as an ingredient. This LOI shows that we are delivering on both. As the new cannabis legislation comes into force, we are scaling our licensed production into beverages, edibles and cosmetics. Our experience in food and beverage, cosmetics, and GMP manufacturing provides a complete platform for brands to enter the Canadian cannabis market.

Geyser Brands CEO, Andreas Thatcher

Three tinctures under the Jack n Jane brand will be the first to hit store shelves by the end of the year, which are expected to contain both THC and CBD within the formulations. A timeline was not given for further products.

Geyser Brands is currently trading at $0.36 on the TSX Venture Exchange.


FULL DISCLOSURE: Geyser Brands is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Geyser Brands on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Yield Growth Corp Hops On Coronavirus Bandwagon

The Yield Growth Corp (CSE: BOSS) is in search of its next bandwagon to jump...

Tuesday, February 25, 2020, 12:41:32 PM

Geyser Brands – Established Cannabis 2.0 Brands for the Canadian Market

The consumer goods trend toward putting CBD and other non-psychotropic cannabinoids in everything is driven...

Sunday, November 10, 2019, 08:36:04 AM

Yield Growth Corp To Enter Mushroom and Psychoactive Space

The Yield Growth Corp (CSE: BOSS) is newly focused on the mushroom business – both...

Tuesday, September 17, 2019, 01:33:08 PM

Geyser Brands Awarded Cannabis Research License

This morning Geyser Brands (CSE: GYSR) announced they have been awarded a research license from...

Wednesday, November 20, 2019, 06:22:53 PM

Geyser Brands Announces Joint Venture For Craft Cannabis Infused Beverages

Geyser Brands (TSXV: GYSR) announced this morning that the firm has entered into a definitive...

Wednesday, October 30, 2019, 09:21:09 AM