10:24 AM EST - Mountain Valley MD Holdings Inc. : Announced, further to its news release dated September 29, 2021, that Mountain Valley MD Inc. has entered into a Product Development and Commercial Licensing Agreement with Red White & Bloom Brands Inc., a publicly traded multi-state cannabis operator and house of premium brands that are available across the cannabis market in the United States. The Agreement establishes the terms upon which Mountain Valley will develop and license formulas using MVMD’s Quicksome™ technology and novel cannabinoid solubilization techniques to be applied by RWB to various cannabis product applications. The Agreement grants RWB an exclusive 5-year license in Florida, Michigan and California to manufacture and distribute its cannabis products in exchange for the payment of product fees and ongoing sales royalties. Mountain Valley MD Holdings Inc.
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