Entourage Health Corp., a Canadian producer and distributor of cannabis products, has entered into an amended supply agreement with HEXO Corp.
The agreement extends the initial term and secures Entourage’s ongoing access to high-quality bulk cannabis biomass for its product portfolio.
The prices of the supplied products are fixed but subject to occasional adjustments based on production costs.
Following the acquisition of HEXO by Tilray Brands Inc., Entourage now sources bulk cannabis from Tilray cultivation sites.
Entourage CEO and Chair, George Scorsis, expressed satisfaction with the partnership and stated that both companies share a common goal of ensuring high product quality and customer satisfaction.
Furthermore, HEXO’s obligations under the deal have been transferred to Aphria Inc., Tilray’s principal operating entity and license holder.
In June, Tilray CEO Irwin D. Simon mentioned that the collaboration with HEXO will enhance Tilray’s competitive positioning.
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