Canopy Growth Strategic Extract Supply Agreement With Medipharm!
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Dear Traders,
LABS got Halted pending on news, and what a news release! I was waiting for Medipharm to release some news and we finally got some! ''Under the 18-month agreement, MediPharm will supply up to 900kg of cannabis extract for sale to Canopy Growth and its subsidiaries. Canopy Growth has committed to purchasing a minimum of 450kg with an option to purchase an additional 450kg.''
Now let's see how this plays off! 0.5 fib level resistance is at 1.88 C$ so if we have enough momentum, bulls could try to breakout to that price range!