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Harvest One Cannabis (TSXV:HVT) signs licence agreement with The Valens Company for LivRelief

Cannabis
TSXV:HVT
28 July 2021 10:00 (EDT)

Source: Harvest One Cannabis Inc.

Harvest One Cannabis Inc. (HVT) has granted Valens Agritech an exclusive two-year licence to manufacture, distribute, and sell the LivRelief brand.

LivRelief is a brand of infused topicals by Delivra Inc., a subsidiary of Harvest One. The company’s LivRelief CBD cream was recently named the top-selling product in the infused topicals category in Ontario as of June 2021.

Gord Davey, president and CEO of Harvest One, commented on the partnership.

“Our partnership with The Valens Company will accelerate national and global growth opportunities,” he said. “We will utilize our experience in marketing and distribution to assist in the promotion of the brand and to increase the awareness of cannabis-infused topicals across Canada.”

The Valens Company is a leading manufacturer of cannabis products, providing best-in-class product development, manufacturing, and commercialization of cannabis consumer packaged goods.

“We are proud to manufacture these top-selling creams in partnership with Harvest One and provide both new and experienced consumers the comfort to engage with cannabis-infused topicals naturally,” said Tyler Robson, CEO and co-founder of the Valens Company.

LivRelief topicals come in three formulas: a CBD-only formulation containing 250mgs of CBD, a 1:1 format formulation containing 125mgs of THC and 125mgs of CBD, and an extra-strength CBD topical cream containing 750mgs of CBD.

“We are looking forward to partnering with The Valens Company, a leading expert in the cannabis space with a superior customer service approach, to advance the manufacturing of this product and its future extensions,” said Mr. Davey.

Harvest One Cannabis Inc. is a Canadian global cannabis company servicing both the medical and recreational cannabis markets.

Harvest One Cannabis Inc. (HVT) is up 5.26 per cent, trading at $0.10 per share as of 9:30 am ET.

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