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BRIEF-Emerald Health Therapeutics Signs Term Sheet To Access Large-Scale Extraction

Published 2018-08-27, 07:20 a/m
© Reuters.  BRIEF-Emerald Health Therapeutics Signs Term Sheet To Access Large-Scale Extraction
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Aug 27 (Reuters) - Emerald Health Therapeutics Inc EMH.V :

* EMERALD HEALTH THERAPEUTICS SIGNS TERM SHEET TO ACCESS LARGE-SCALE EXTRACTION, SOFTGEL PRODUCTION, AND NEW PRODUCT DEVELOPMENT CAPABILITIES THROUGH STRATEGIC ALLIANCE WITH FACTORS GROUP OF NUTRITIONAL COMPANIES

* EMERALD HEALTH THERAPEUTICS INC - SIGNED A TERM SHEET TO FORM A STRATEGIC ALLIANCE WITH FACTORS RESEARCH AND DEVELOPMENT TECHNOLOGY

* AGREED TO PAY INITIAL $5 MILLION FEE TO FTI TO COVER COSTS OF COMPLETING UNIQUE EXTRACTION METHODS FOR EMERALD, OTHERS

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