trending Market Intelligence /marketintelligence/en/news-insights/trending/-Mk4XrjPS1LHWvpcdRK1ig2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Tree of Knowledge, Northern Green sign pact to develop, sell cannabis products

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Tree of Knowledge, Northern Green sign pact to develop, sell cannabis products

Tree of Knowledge International Corp. and privately held cannabis producer Northern Green Canada Inc. signed a letter of intent to jointly carry out certain cannabis-related operations in Canada.

Scarborough, Ontario-based Tree of Knowledge and Brampton, Ontario-based Northern Green plan to undertake research and development of medical cannabis products while also providing service to medical cannabis patients. The arrangement will help in expanding distribution across the enlarged clinic network.

The companies also intend to work towards Tree of Knowledge's opioid reduction program.

Under the definitive agreement, when signed, Tree of Knowledge will issue 10 million common shares to Northern Green. In addition, Northern Green will issue a 5% equity stake to Tree of Knowledge, subject to a valuation done by the former.