Strategic partnership for entry into Thailand, the first country to deregulate the use of hemp-derived oils and extracts for consumer-packaged goods
Partnership serves as beachhead for DWS to gain access to the Asian hemp-infused market which is expected to grow to over $5.8 billion by 2024
DWS’ initial contribution secures toehold equity stake of 4% in Quad Play with option to acquire control of QP once regulations in Thailand allows for control by foreign companies
MOU is first step in development and marketing of consumer-packaged goods infused with hemp extracts for the Asian market, including wellness, food, beverage and cosmetics products
Calgary, Alberta–(Newsfile Corp. – March 2, 2021) – Discover Wellness Solutions Inc. (CSE: WLNS) (formerly RMMI Corp.) (“Discover Wellness“, “DWS” or the “Company“), a licensed producer and processor under…
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