Beleave Inc. (CSE:BE) (OTCQX:BLEVF) is pleased to announce that it has signed a letter of intent with Seven Oaks Cannabis Inc. (“Seven Oaks”) for Seven Oaks to carry Beleave products if awarded a cannabis retail license by the Government of Manitoba (the “Manitoba Government”). Seven Oaks is interested in exploring a purchase and supply arrangement in which Beleave would supply minimum of 1.25 million grams, per annum, of dry flower equivalent of Beleave Inc. branded cannabis products.
Seven Oaks is seeking to establish a competitive retail distribution chain for recreational cannabis in the Province of Manitoba. Seven Oaks is applying to the Manitoba Government to run a system of retail structures which will provide consumers with access to a wide range of products, as well as foster awareness and educate the general public with respect to the responsible use of cannabis.
“We welcome these kinds of relationships and the group at Seven Oaks has been great to work with this far,” commented Beleave CEO Andrew Wnek, “We look forward to negotiating an agreement that builds a long-lasting partnership within the Province of Manitoba.”
Beleave Inc. is a biotech company and Beleave’s wholly-owned subsidiary Beleave Kannabis Corp. (formerly First Access Medical Inc.) is a licensed producer pursuant to the ACMPR. Beleave’s purpose-built facility is located in Hamilton, Ontario.
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