Harvest One Cannabis enters into supply agreement to sell LivRelief products on Spectrum Therapeutics' online ...
Harvest One Cannabis Inc. (TSX-V:HVT, OTCQB:HRVOF) said it has entered into a supply agreement with Canopy Growth Corporation, strengthening its position in the cannabis-infused product market.
Through the agreement, Harvest One can sell its LivRelief Infused topical creams on the online medical store of Canopy's subsidiary, Spectrum Therapeutics, through an extension of its licensing agreement with Valens Agritech Ltd, a wholly-owned subsidiary of The Valens Company
"We are very pleased to work with Canopy Growth via our licensing agreement with Valens to distribute Harvest One's LivRelief Infused brand of topical creams in Spectrum Therapeutics' online store," Gord Davey, president and CEO of Harvest One said in a statement.
"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 LivRelief infused topicals nationally and provide product access to more consumers," he added.WATCH: Harvest One talks through distribution agreements with Pharmtick and Flat River Group
LivRelief Infused topical creams will be the first Harvest One product sold at the Spectrum Therapeutics store, marking a milestone for the company.
"Our innovative infused topical creams, with their effective and differentiated delivery system, have resonated well with consumers, establishing LivRelief Infused as a market leader in the infused topicals category. We look forward to working with Canopy and their Spectrum Therapeutics team to bring world-class products, along with great educational support, to patients,” added Davey.
Spectrum Therapeutics offers medical cannabis products from Canopy Growth brands and select partner brands to ensure patients have access to a range of products.
LivRelief Infused cannabis-infused products are available nationally through Medical Cannabis by Shoppers as well as in cannabis retail stores throughout Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and New Brunswick.
"We are dedicated to offering Spectrum Therapeutics patients the widest range of high-quality cannabis products and formats available both from Canopy Growth brands and through agreements with select partner brands like Harvest One," said Grant Caton, general manager, Canada, at Canopy.
"Through the addition of the LivRelief Infused topical creams to our Spectrum Therapeutics' online medical store, we are offering our customers yet another option to achieve the relief they are looking for in through this innovative format and directly responding to their requests for topical options.," Caton added.
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