Saturday, May 31, 2025

Latest

WeedMD Signs White Label Extraction Agreement With Fire & Flower

It appears that the niche market of extractors within the cannabis sector has seen an addition to its ranks. WeedMD Inc (TSXV: WMD) and Fire and Flower Corp (TSX: FAF) jointly announced this morning that the retailer has selected WeedMD as its commercial partner for the purpose of manufacturing a white label line of CBD products.

Under the agreement, WeedMD’s input biomass will be utilized for extraction through the firms CX Industries subsidiary to manufacture, package and ship a white labelled line of CBD products for Fire & Flower. Products manufactured under the agreement will be branded as Revity CBD products.

The products are expected to launch this Friday in Saskatchewan, with distribution then to expand nationwide. The arrangement is said to commence with branded CBD cannabis oil products before “expanding accordingly to other product formats.”

Further terms of the agreement have not been released.

WeedMD last traded at $0.37 on the TSX Venture.


Information for this analysis was found via Sedar, and WeedMD Inc. The author has no securities related to this organization. WeedMD Inc was previously a client of CanaCom Group, the parent company of The Deep Dive. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Leave a Reply

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

Fire & Flower Completes $15.0 Million At The Market Offering

Fire & Flower Holdings (TSX: FAF) this morning announced that it has already completed its...

Wednesday, February 10, 2021, 07:23:24 AM

Fire & Flower Releases Ontario Expansion Plan

Fire & Flower Holdings (TSX: FAF) this morning announced the firms Ontario strategy as Canada’s...

Monday, March 2, 2020, 08:31:09 AM

Fire & Flower Files For Creditor Protection Following Strategic Review

A little over a week after it announced it was reviewing strategic options, Fire &...

Tuesday, June 6, 2023, 08:08:10 AM

WeedMD Posts Q1 2021 Revenues Of $10.3 Million, Net Loss Of $7.0 Million

WeedMD (TSXV: WMD) this morning reported its first quarter 2021 financial results, posting revenues of...

Tuesday, June 29, 2021, 07:41:04 AM

Fire & Flower Sees Opposition in Controversial Sale Amid Bankruptcy Battle

A syndicate consisting of influential stakeholders, including the second-largest shareholder of Fire & Flower (TSX:...

Thursday, June 22, 2023, 03:50:00 PM