I am very proud of our team today. This morning we kicked off with a media release announcing our executed letter of intent with Red White & Bloom Brands Inc., a publicly traded multi-state cannabis operator and house of premium brands that are available across the cannabis market in the United States.
Our companies anticipate completing a Product Development and Commercial Licensing Agreement by the end of October, 2021 based on how we will apply MVMD’s Quicksome™ technology and novel cannabinoid solubilization technique to various cannabis product applications that Reb White & Bloom will bring to market. We are targeting Florida, Michigan and California initially to manufacture and distribute a medical grade sleep cannabis product as a result of initial formulation work.
It is an honour to have Brad Rogers, the Chairman and CEO of Red White & Bloom Inc. comment on our work together - “We look forward to a great partnership with Mountain Valley MD as we leverage their technology in support of our strategy to bring premium, leading, and disruptive cannabis products to the marketplace. Red White & Bloom has a very aggressive growth strategy for key markets in the United States and beyond, led by our commitment to offer high quality, innovative brands in the cannabis space.”
Lots more to come on our exciting work with Red White & Bloom and as always you can view the entire press release on our website – www.mountainvalleymd.com.
AGM Business Presentation Video
For those that could not join our Annual General Meeting this morning, we have posted the business presentation for you to be able to access at your leisure. I hope you can set aside 40 minutes to get a detailed overview of all of the amazing work the team is advancing on and the things we are excited about in the coming year.
Watch the Video Here
Thank you to our shareholders who continue to believe in what is possible with us and thank you to our team and partners who do the important work every single day to help us achieve our vision of “more life”.
President & CEO, Mountain Valley MD