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Harvest One Cannabis and Valens GroWorks sign multi year extraction and product R &D deal

Valens GroWorks (CSE:VGW) Head of Regulatory affairs Anderson Smith and Harvest One (CVE:HVT) Head of Public Affairs Will Stewart joined Steve Darling from Proactive Investors on Skype to share details of their multi year deal. Under the terms of the Agreement, Harvest One’s subsidiary, United Greeneries, will ship bulk quantities of dried cannabis to Valens over an initial three-year term. Valens will process the cannabis on a fee-for-service basis into bulk resin or other cannabis oil derivative products.

Also included in the deal,  Valens will also conduct R&D to support the expansion of Harvest One’s product lines including health and wellness products, beverages, vape pens, and nutraceuticals using cannabis oil derivative products.

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