Allied Corp. announced the signing of a dual-purpose agreement with Porter Ventures, LLC that is based in the United States. All products involved with this working relationship are below the 0.3% THC limit and are legal to be sold in the United States.

The first component of the agreement between Allied and Porter includes a supply offtake agreement of Colombian produced flower at the volume of 1,000kgs monthly starting in February 2022. Porter will then sell through into their market with the Allied Inside™ mark. The second section of the agreement involves Porter providing contract manufacturing services to produce CBD flower cigarettes using the Allied Inside™ Colombian produced product.

These CBD cigarettes will be entered into the supply chain that was communicated in the Nov. 24th, 2021 press release regarding the supply agreement to bring to market a CBD flower cigarette to market for Veterans for Healing in the United States and the United Kingdom.