Business
Easton Pharmaceuticals Announces it is Moving Towards a Letter of Intent With an AMPR Applicant Towards a Marijuana Cultivators / Growers License for Canada; Provides Other Updates
Easton Pharmaceuticals Announces it is Moving Towards a Letter of Intent With an AMPR Applicant Towards a Marijuana Cultivators / Growers License for Canada; Provides Other Updates.
About this update from Easton Pharmaceuticals Inc
[{"type":"text","content":"\n\n TORONTO, ON, April 17, 2018 (GLOBE NEWSWIRE) -- Easton Pharmaceuticals Inc. (OTC: EAPH) announces it is moving towards a letter of intent after initiating negotiations with 2 AMPR applicants, one having received a Health Canada Compliance number towards a Canadian Marijuana cultivators / growers license; provides other updates. \n As per its previously announced negotiations with an AMPR applicant and new recent positive developments, Easton Pharmaceuticals will be forwarding a letter of intent to one AMPR applicant for a possible investment. Easton is currently in negotiations with 2 AMPR applicants with one of the companies having received approval and a Health Canada compliance number on its AMPR application for a marijuana cultivators / growers license to meet the federal medical / recreational launch of Marijuana for the country of Canada. These negotiations are as a result of Easton’s ongoing quest to acquire businesses and assets in various pharmaceutical sectors and other growing industries to build shareholder value.  In other developments, as a result of conducted assessments, Easton and its newly formed board of directors is preparing to soon provide its shareholders with full details on decisions made regarding its various businesses and partnerships, some of which includes ones that Easton has previously provided investment capital towards. Some of its decisions may involve either abandoning negotiations on some if its previously executed and announced initiatives, while undertaking changes on other businesses and partnerships involving some of its women’s diagnostic and treatments for the Mexico market while it waits along with its partner BMV Medica for BAYER to launch its licensed product VS-Sense following the execution of a sub-distribution agreement. About Easton Pharmaceuticals Easton Pharmaceuticals is a diversified specialty pharmaceutical company involved in various pharmaceutical sectors and other growing industries. The Company previously developed and owned an FDA-approved wound-healing medical drug and currently owns topically delivered drugs to treat cancer and other therapeutic products to treat various conditions that are all in various stages of development and approval. Easton has partnered with BMV Medica S.A. and together own the exclusive distribution rights...