Vibe Bioscience Ltd. Announces Strategic Extraction Agreement
2019年10月24日 - 6:00AM
Vibe Bioscience Ltd. (CSE: VIBE) (the “Company” or “Vibe”) is
pleased to announce that it has entered into a strategic extraction
agreement (the “Agreement”) with a Sacramento area manufacturer
(the “Manufacturer”) to expand its Hype Extracts line currently
available in-store and for delivery at
www.vibebycalifornia.com while continuing to grow its presence
across California.
Under the terms of the agreement, Vibe and the
Manufacturer will procure bulk quantities of fresh-frozen and/or
premium dried cannabis for an initial six-month term commencing
October 23, 2019 and the Manufacturer will provide extraction,
formulation and production services for the development of
distillate, live resin, wax and other cannabis oil derivatives to
be sold under the Hype Extracts brand on a fee-for-service
basis.
"This is an exciting step for Vibe, which
enables us to guarantee coverage and fulfillment of our existing
Hype Extracts product lines,” stated Mark Waldron, CEO of Vibe.
“The Arrangement will also allow us to immediately leverage new
expertise to develop additional products while adhering to the
highest safety and quality standards. We look forward to providing
our highly discerning consumers access to new exciting Hype branded
products in all of our Vibe by California locations.”
About Vibe Bioscience Ltd.
Vibe is a vertically integrated cannabis company
delivering exceptional retail experiences with its Vibe by
California brand and ethos, premier cultivation product and
high-efficiency delivery and distribution. The Company’s management
team brings expertise in retail, cannabis cultivation and mergers
and acquisitions to support its U.S. expansion through accretive
acquisitions and organic growth.
Company Contact:
Mark Waldron, CEO Phone: +1 833-420-VIBE Email:
info@vibebycalifornia.com
Investor Relations Contact:
Glen Nelson Phone: +1 833-420-VIBE x 107 Email:
ir@vibebycalifornia.com
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