Hemp stocks Heritage Cannabis Holdings (CSE:CANN) (OTCQX:HERTF) and Empower Clinics (CSE:CBDT) (OTCQB:EPWCF) have announced a new partnership to produce hemp-derived CBD products.
The joint venture will see Heritage Cannabis Holdings contribute its expertise in cannabis formulations to produce branded hemp-derived products for Empower’s health clinics in Washington, Oregon, Nevada, and Arizona. The terms of the deal will see both companies hold a 50% stake in the partnership. Through its subsidiary Purerfarma Solutions, Heritage will install extraction units and other related equipment at Empower’s 5,000 square foot facility in Sandy, Oregon.
“This is a big ...
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