ONCE AGAIN, EMHTF NOT REQUIRED TO BUY ! READ IT . I put it in Bold so you wont miss it.
Supply Agreement with Pure Sunfarms
As previously announced, under its supply agreement (the "Supply Agreement") with PSF,((((( Emerald may decline to accept deliveries of cannabis product from PSF. If product is declined, PSF may sell such product to third parties.))))) In the event of such sale, and only in certain circumstances, Emerald may be required to pay to PSF an amount equal to the difference between the purchase price applicable to Emerald (which is subject to adjustment based on sales by PSF to third parties in accordance with the Supply Agreement) and the price actually paid by such third parties. Between June 21, 2019 and September 29, 2019, Emerald declined to accept certain deliveries of product; this product was subsequently sold by PSF to third parties.
PSF has claimed that Emerald is liable to PSF for an aggregate amount of approximately $7.2 million under the terms of the Supply Agreement. Emerald disputes this claim as it believes that the basis for calculation by PSF of the purchase price is incorrect. Emerald is reviewing information very recently provided by PSF with respect to PSF’s wholesale sales.
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