- Eden Empire (EDEN) has signed a non-binding letter of intent agreement with Plantavida located in Colombia
- Both companies plan to expand operations and distribution throughout South America, Europe and Australia.
- The parties hope to use this agreement as a basis for preliminary discussions, development, and marketing of the product
- Plantavida is a fully licensed Colombian cannabis company focused on genetics, cultivation, derivatives and final product
- Eden Empire is in the business of investments and operations in the cannabis sector
- Eden Empire Inc (EDEN) remained unchanged at $0.01 at 11:23:48 ET
Eden Empire (EDEN) has signed a non-binding letter of intent agreement with Plantavida located in Colombia.
Both companies plan to expand operations and distribution throughout South America, Europe and Australia.
“Eden Empire is excited to break into these new emerging markets, and Eden’s management team has spent time and resources within these markets and sees an important void in the supply chain gap where Eden and Plantavida hope to play a part,” said President Kolt Taekema.
“At Plantavida, we are looking forward to elevating and furthering our relationship and capitalize on Eden’s experience as we move into Colombia’s and Europe’s emerging retail markets,” stated Principal Marc Williams of Plantavida.
The Plantavida SAS project, located in north-western Cundinamarca, Colombia, is dedicated to implementing strategic social business, bringing safe, natural and ecologically friendly wellness products to the emerging cannabis business with the goal of providing work and social benefits to the community, such as education, unemployment, health, housing and security.
Plantavida is a fully licensed Colombian cannabis company focused on genetics, cultivation, derivatives and final product produced from high quality mineral organic feed stock at competitive prices.
Both Eden and Plantavida are interested in pursuing a joint business in Colombia, Germany, Mexico and Australia with a focus of jointly developing, branding and marketing cannabis products.
The parties are willing to use this agreement as a basis for preliminary discussions, development, and marketing of the product; including the sales in physical stores, online store, branding, packaging.
Eden Empire is in the business of investments and operations in the cannabis sector and engaging in retail cannabis sales.
Eden Empire Inc (EDEN) remained unchanged at $0.01 at 11:23:48 ET.
