NIP will present and contract its retail locations for the purpose of selling up to three SKUs of the Company’s product offerings at each NIP location.
VANCOUVER, British Columbia, Sept. 30, 2019 (GLOBE NEWSWIRE) — NewLeaf Brands Inc. (CSE:NLB) (OTC: NLBIF) (FSE:0NF) (“NewLeaf Brands” or the “Company”) a health and wellness CBD company, today announced that it has entered into a Retail Implementation Agreement dated August 30, 2019 (the “Agreement”) with New Implementation Program, LLC (“NIP”).
Pursuant to the terms of the Agreement, NIP will provide to the Company distribution services and sale of the Company’s CBD branded products to NIP’s vast community of operators, partners, retailers and distributors in the United States of America.
NIP will present and contract its retail locations for the purpose of selling up to three SKUs of the Company’s product offerings at each NIP location. The Company and NIP are currently selecting the best regions to roll out the initial one thousand locations launching through the 2019 holiday season and expanding up to ten thousand locations over the next coming months.