Allied Signs Monthly Recurring Purchase Order for Sale of Proprietary Cannabis ProductPosted by On

/EIN News/ — KELOWNA, British Columbia, Oct. 16, 2020 (GLOBE NEWSWIRE) — In follow up to obtaining the approval to sell as published on the October 15th, 2020 press release, Allied Corp. (“Allied”) (OTCQB: ALID), has now signed its first monthly recurring purchase order.

Allied is an international medical cannabis company focused on creating and providing targeted cannabinoid health solutions to address today’s medical issues. Allied is pleased to announce the signing of its first monthly recurring forward purchase agreement (the “agreement”) with Mistral Consulting Group (“Mistral”) for the sale of Allied’s proprietary cannabis products.

The agreement consists of a monthly recurring purchase order of extracted cannabis products in quantities scaling from 1-5kgs per month to 50kgs per month for each month between November 2020 and March 2021. Both parties have written into the agreement that they anticipate this…

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