CannabisNewsBreaks – Xanthic Biopharma Inc. (CSE: xTHC) Inks LOI with Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) for Production, Distribution of CBD-infused Powders
Xanthic Biopharma (CSE: xTHC) recently announced that it has entered into a binding Letter of Intent ("LOI") with Nutritional High International (CSE: EAT) (OTCQB: SPLIF) for the production and distribution of Xanthic branded water-soluble cannabis-infused powders in California. Per the agreement, Nutritional High's Californian subsidiaries, Pasa Verde and Calyx, will distribute Xanthic's cannabis-infused powder products. "The Xanthic team is thrilled to advance our strategic relationship with Nutritional High in California. By utilizing the Nutritional High's vertically integrated network, Xanthic will be able to exploit the significant market opportunity represented by the state of California. This new agreement provides value to…