Posted On: 03/09/2014 11:18:48 PM
Post# of 56323
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Maybe old news to some, but something off FB today....
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Like · Reply · 5 · 14 hours ago · Edited
PARTNERSHIPS
In addition to FITX's market potential, the company has positioned itself to execute and fire on all cylinders once it receive the green light (inspection of its facilities) from Health Canada to start production. Main takeaways are:
- GrowLife (OTCQB: OTCQB HOT ) - Interest Purchase Agreement
- Competitive pricing on growing equipment
- FITX receives 235,294,118 PHOT shares at $0.17 p/s ($40mm)
- OGI receives 25% ownership in CEN Biotech via PHOT
- OGI receives 7.7% of CEN revenues quarterly via PHOT
- OGI receives $100mm once FITX reaches 1 million lbs in total production and sales volume combined via PHOT
- RXNB Inc. - Licensing & Operating Agreement
- Access to patent pending THC research and development
- Access to patent pending cutting edge grow technologies in the field of medical marijuana (35 day grow cycle)
- Future access to 2,700 clinicians across the US
- Endexx Corporation (OTCPK: OTCPK:EDXC ) - Contractual Agreement
- M3 technology - seed to sale tracking platform
- Phoenix Distribution - Sales & Distribution Agreement
- Access to Australian medicinal cannabis market via 500 stores
- Access to New Zealand medicinal cannabis market via 300 stores
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