Business
Shanghai Ingredients Corp Issues First Purchase Order for CLOV Cedar Leaf Oil for Distribution in Asia in its Efforts to Help with the Recent COVID-19 Outbreak
(via TheNewswire) March 26, 2020 - TheNewswire - Vancouver , British Columbia - ...
About this update from Futuregen Industries Corp.
[{"type":"text","content":"Shanghai Ingredients Corp Issues First Purchase Order for CLOV Cedar Leaf Oil for Distribution in Asia in its Efforts to Help with the Recent COVID-19 Outbreak(via TheNewswire)\n \n \nMarch 26, 2020 - TheNewswire - Vancouver, British Columbia - Roadman Investments Corp. (TSXV:LITT) (FWB:1QD) (OTC:RMANF) (\"Roadman Investments\" or the \"Company\") is pleased to announce that the Company has received a purchase order for 10,000 mL of it's CLOV Biopharma Corp. (CBP) cedar leaf oil from it's Hong Kong based distribution partner Shanghai Ingredients Trading Limited (\"Shanghai Ingredients\") to be distributed across it's online proprietary sales platforms. This is an exciting moment for Roadman as not only it's first order but an order into the largest consumer market in the world. Through it's joint venture arrangement with Panasia Distribution Corp (\"Panasia\"), Roadman will collaborate to facilitate this consignment. Shanghai Ingredients will focus on the utilization of cedar leaf oil vapour in a variety of both clinical laboratory and real world commercial scenarios into the Asia Pacific region with a particular focus on the huge emerging market place in China. \n\n \n \nThis purchase order will initially only include quantities of CBP's cedar leaf compound when available. We anticipate this order to be available for shipment within the next 7 business days. Shanghai Ingredients will move to integrate the full CLOV product line once completed and ready for mass production and consumption. Shanghai Ingredients' contacts and potential buyers have expressed interest for the CLOV products. As a result of this, Shanghai has moved to a purchase order of an initial 10,000 mL of cedar leaf oil to build on this positive feedback from potential buyers. \n\n\n \nRoadman CEO Luke Montaine commented, \"I am excited to announce the launch of the CLOV production line into Asia through this new purchase order of our cedar leaf oil through Shanghai Ingredients. Through our partnership with CLOV we were able to procure these items at favourable pricing and availability, which will allow us to extend advantageous pricing to Shanghai Ingredients China based customers. While we work with our portfolio company to get this order fulfilled, we are focused to expanding our product line expansion for potential further revenue growth.\"\n\n \n \nJames Fo...