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Invictus MD Strategies Corp. (OTCMKTS:IVITF) Starts Revenue Stream

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Invictus MD Strategies Corp. (OTCMKTS:IVITF) reported the sale of dried flower amounting to 120 kg from AB Laboratories Inc., the licensed production facility as per “ACMPR”, to Canopy Growth Corporation, putting Invictus’s license holders on track for recording 26,000 kg run-rate manufacturing capacity for this year with net capacity of 22,150 kilograms to company.

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In addition, Invictus reported that it has finalized the definitive deal to make its strategic investment in AB Labs, from its existing 33.3% stake to 50%. AB products will be utilized in Canopy Growth’s curated CraftGrow line on online store of Tweed Main Street. Tweed Main features only premium-quality cannabis by a renowned group of producers. AB Labs is thrilled that customers will find its offering as part of the Tweed Main’s carefully curated selections.

Dan Kriznic, the CEO and Chairman of Invictus MD, expressed that patients regularly get in touch with AB Labs asking about their premium-quality product. Now, the company can take benefit of Canopy’s Tweed Main Street to get detailed and immediate information about their artisan cannabis. The initiative gives them immediate access to the leading consumer base in the fast growing medical cannabis market. Their association with Canopy Growth showcases their commitment to making the segment strong and assisting to expose medicinal cannabis patients exploring online platform of Tweed Main, to another premium quality, unique brand.

Mark Zekulin, who is the President of Canopy Growth, expressed that on behalf of the team of Canopy Growth, he wants to commend the AB Labs team for attaining this milestone. AB Labs now marks as the second CraftGrow associate to successfully transfer cannabis offerings to be sold through their Tweed Main Street online platform. They expect to have AB cannabis available to their consumers this quarter and they look forward to several successful transfers in the imminent period.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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