Emerald Health Therapeutics, Pure Sunfarms, and Village Farms Settle All Disputes [Canadian Business Journal (Canada)]
Village Farms International, Inc. - Common Shares (VFF)
Last village farms international, inc. - common shares earnings: 3/30 07:25 pm
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Source: Canadian Business Journal
VANCOUVER, British Columbia, March 03, 2020 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has entered into a settlement agreement (the “Settlement Agreement”) with Village Farms International, Inc. (“Village Farms”) and Pure Sunfarms Corp. (“PSF,” and together with Emerald and Village Farms, the “Parties”) regarding disputes between the Parties (the “Settlement”). On completion of the Settlement the arbitration process involving the Parties will be discontinued. “We are pleased to have reached a comprehensive Settlement Agreement that resolves all disputes among the Parties,” said Riaz Bandali, President and Chief Executive Officer of Emerald. “The Settlement Agreement allows Emerald, PSF and Village Farms to put their previous disputes aside and work together toward building on the tremendous performance of PSF to date.” Pursuant to the Settlement Agreement, the supply agreements (collectively, the “Supply Agreements”) entered into between
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