|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3200 - 0.3800|
|52 Week Range||0.0200 - 0.4300|
|Beta (5Y Monthly)||3.34|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Tsime will become a subsidiary of MJ Medtech. The Tsime license grants the ability to cultivate, extract and process medicinal cannabis and sell the commodity for medicinal, scientific and any other legal purpose. The Transaction is anticipated to close within 90 days.
Functional Food is defined as any modified food that claims to improve health or well-being by providing benefits beyond that of the traditional nutrients it contains. It is anticipated that the letter of intent will be replaced with a formal agreement governing the Partnership on or before September 30, 2020.
Under the terms of this agreement, Cafféluxe will manufacture Wuhan's Medspresso™ CBD and Mushroom infused coffee, tea and hot chocolate beverages under GMP (Good Manufacturing Practices) certification. This enables Wuhan to have world-class quality products produced at the highest of safety standards ensuring remarkable customer experience. The agreement will facilitate the expansion of the Company's Medspresso™ brand and position the Company for local (South Africa) and international distribution.