Business
Harvest One Announces Supply Agreement with Canopy Growth's Spectrum Therapeutics' Online Medical Store
Products to be Supplied via an Extension of the Company's Licensing Agreement with The Valens ...
About this update from Delivra Health Brands Inc
[{"type":"text","content":"Harvest One Announces Supply Agreement with Canopy Growth's Spectrum Therapeutics' Online Medical StoreProducts to be Supplied via an Extension of the Company's Licensing Agreement with The Valens CompanyVancouver, British Columbia--(Newsfile Corp. - May 13, 2022) - Harvest One Cannabis Inc. (TSXV: HVT) (OTCQB: HRVOF) (\"Harvest One\" or the \"Company\"), a CPG leader uniquely positioned in both the OTC non-infused and licensed cannabis-infused space with a focus on health and wellness products, announced today that the Company has strengthened its position in the cannabis-infused market through a supply agreement (the \"Agreement\") with Canopy Growth Corporation (\"Canopy\"). The Agreement enables Harvest One to sell its LivRelief InfusedTM topical creams on Canopy's Spectrum Therapeutics' online medical store via an extension of its licensing agreement with Valens Agritech Ltd (\"Valens\"), a wholly-owned subsidiary of The Valens Company. LivRelief InfusedTM topical creams will be the first Harvest One product sold at the Spectrum Therapeutics store, marking a new distribution milestone for the Company.Under the Agreement, Valens will supply Spectrum Therapeutics with Harvest One's licensed LivRelief InfusedTM products to make them available to patients through Spectrum Therapeutics' online medical store. Spectrum Therapeutics offers its patients medical cannabis products from Canopy Growth brands and select partner brands to ensure patients have access to a range of products they require, and is committed to the continued education of patients and healthcare practitioners. \"We are very pleased to work with Canopy Growth via our licensing agreement with Valens to distribute Harvest One's LivRelief InfusedTM brand of topical creams in Spectrum Therapeutics' online store,\" said Gord Davey, President and Chief Executive Officer of Harvest One. \"This is an amazing opportunity for our teams to work together to bring these top selling infused pain topical creams to more patients. Our collaboration with Canopy, through its Spectrum Therapeutics medical division, and The Valens Company will accelerate the distribution of our LivReliefTM infused topicals nationally and provide product access to more consumers.\" Mr. Davey continued, \"Our innovative infused topical creams, with their effective and differentiated delivery system, ha...