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Posted On: 10/18/2017 11:31:30 AM
Post# of 17851
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$PUFXF check out the news today: Oct. 18, 2017 /CNW/ -- MYM Nutraceuticals Inc. (CSE:MYM) (MYMMF) (the "Company" or "MYM"
is pleased to announce that it has entered into a strategic partnership with PUF Ventures Inc. (CSE
UF) (PU3.F) (PUFXF) ("PUF"
for the construction of a one million square foot greenhouse facility in northern New South Wales Australia called the Northern Rivers Project.
The Northern Rivers Project is a partnership with the Richmond Valley Council—the local government in New South Wales , Australia—and PUF Ventures Australia ("PVA"
—a recently formed majority-owned subsidiary of PUF—to construct a one million square foot greenhouse operation, with large-scale manufacturing, processing and office facilities for the cultivation, production and manufacture of medical cannabis and associated products.
MYM will own 35% of the Northern Rivers Project, which, at full scale, will have the capacity to produce 100,000 kilograms of high quality cannabis per year, worth between C$800 million and C$1.1 billion (based on current pricing metrics in the Australian cannabis marketplace). MYM Enters Partnership to Build one Million Square Foot Cannabis Production Facility in Australia https://finance.yahoo.com/news/mym-enters-par...00963.html
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The Northern Rivers Project is a partnership with the Richmond Valley Council—the local government in New South Wales , Australia—and PUF Ventures Australia ("PVA"
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MYM will own 35% of the Northern Rivers Project, which, at full scale, will have the capacity to produce 100,000 kilograms of high quality cannabis per year, worth between C$800 million and C$1.1 billion (based on current pricing metrics in the Australian cannabis marketplace). MYM Enters Partnership to Build one Million Square Foot Cannabis Production Facility in Australia https://finance.yahoo.com/news/mym-enters-par...00963.html
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