On September 26, 2017 the Company signed with AGRi
Post# of 85486
the patches and the medical cannabis and cannabis oil for the patches and Agrimed will also be responsible for marketing and
merchandising as well as any other agreed upom products. This agreements is limited to the Pennsylvania market where Agrimed
represented to have a large customer distribution chain.The revenue share for this agreement was agreed on 25% of the wholesale
revenue will be assigned to Univec, Inc. Agrimed underwent on several mergers and others as well as Covid-19 pandemic situation
slowed down the entire operation. Notwithstanding the foregoing Management is working on resume this agreement operation
Harvest Announces Settlement with Pennsylvania Department of Health Regarding Grower Processor Permittee AGRiMED Industries LLC
Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX: HRVSF), a vertically integrated cannabis company and multi-state operator in the U.S., today announced a settlement agreement has been reached for Agrimed Industries of PA, LLC (“AGRiMED”). The membership interests of AGRiMED are owned by Harvest Health and Recreation Inc.
On May 6, 2021, the Pennsylvania Department of Health, Office of Medical Marijuana and AGRiMED reached a settlement agreement concerning the operation of AGRiMED, a medical marijuana grower processor facility in Southwestern Pennsylvania. The settlement agreement allows for the conditional renewal of AGRiMED’s permit and will allow for the increased production of medical marijuana in Southwestern Pennsylvania, which will help serve patients across the Commonwealth.
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