Cannabis Wheaton and Province Brands get into Strategic Alliance to Develop Cannabis-Based Beverages

Cannabis Wheaton Income Corp. announced this week it had entered into a strategic alliance agreement with research and development company truthful Inc., which will be business that is doing Province companies of Canada. Under our strategic deal, Cannabis Wheaton can assist Province in establishing and licensing a brand new cannabis facility that may concentrate on the research and development, and on the commercialization of cannabis-based products.

Pursuant towards the Agreement, Cannabis Wheaton may help the Ontario-based Province companies receive the Federal permit it requires so that you can take part inthe beverage business that is cannabis-based. These cannabis high thc oil beverages are targeted to supply industry with a safer and healthier option to alcohol.

In return for its help, Cannabis Wheaton will get 2,068,284 favored stocks in truthful Inc. money. This represents a 10 percent equity ownership fascination with truthful Inc. Read more