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RavenQuest Completes First Cannabis Shipment to Wayland Group
RavenQuest Completes First Cannabis Shipment to Wayland Group.
About this update from Ravenquest Biomed Inc
[{"type":"text","content":"\nVANCOUVER, British Columbia, April 15, 2019 (GLOBE NEWSWIRE) -- RavenQuest BioMed Inc. (CSE: RQB OTCQB: RVVQF Frankfurt: 1IT) (the “Company” or “RavenQuest”) a federally licensed producer of cannabis, is pleased to announce it has completed its first shipment of bulk cannabis to Wayland Group.\n The shipment was made as part of a larger agreement between RavenQuest and Wayland group, whereby RavenQuest will supply up to 8,000 kg of bulk cannabis to Wayland Group.  The agreement spans the entirety of calendar 2019. CEO, George Robinson commented that “it has been a pleasure dealing with Ben Ward and the entire team at Wayland Group.  We are very excited to complete this first shipment, which represents the beginning of our agreement as we fulfill our commitment to supply premium cannabis to our partners at Wayland.” “The new license at our Edmonton facility brings significantly more capacity onstream, dramatically increasing our revenue potential for 2019.  In addition to this agreement, we have also signed an MOU to supply cannabis to the British Columbia Liquor Distribution Branch.  Between these two distribution channels and based upon prevailing B2B market prices, we're confident we can ramp up revenue to north of the budgeted $44.5 million for 2019.” Robinson continued. For more information, view RavenQuest’s updated website at www.rqbglobal.com. Follow RavenQuest on Twitter @RQBGlobal About RavenQuest BioMed Inc. RavenQuest BioMed Inc. is a diversified publicly traded cannabis company with divisions focused upon cannabis production, management services & consulting and specialized research & development.  RavenQuest is a licensed producer with facilities located in Markham, Ontario and Edmonton, Alberta. RavenQuest maintains a research partnership with McGill University focused upon cultivar (strain) recognition, plant stabilization and yield maximization of the cannabis plant.  The Company focuses on partnerships with Indigenous communities. On Behalf of the Board of Directors ofRAVENQUEST BIOMED INC. \"George Robinson\"Chief Executive Officer For further information, please contact:   Mathieu McDonald, Corporate Communications                          ...