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Thursday, 08/08/2019 12:06:01 PM

Thursday, August 08, 2019 12:06:01 PM

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In July 2019, subsequent to the end of the second quarter, the Company entered into a contract manufacturing agreement with Heritage Cannabis Holdings Corp. (“Heritage”), a cannabis producer based in British Columbia. Heritage will be providing cannabis extract and services related to the filling and packaging of vaporizer devices for the Canadian cannabis adult-use and medical markets. The agreement has a two-year term with an option to extend upon agreement by both parties, at an annual potential contract value of $35 million, based on current projections.

Cronos Group Inc. Announces Second Quarter and First-Half 2019 Results
http://thecronosgroup.gcs-web.com/news-releases/news-release-details/cronos-group-inc-announces-second-quarter-and-first-half-2019