Mountain Valley MD Holdings Pronounces Letter of Intent with Crimson White and Bloom Manufacturers Inc.

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TORONTO, Sept. 29, 2021 (GLOBE NEWSWIRE) — Mountain Valley MD Holdings Inc. (the “Firm” or “MVMD”) (CSE: MVMD) (FRA: 20MP) is happy to announce that Mountain Valley MD Inc. (“Mountain Valley”) has entered right into a letter of intent (the “LOI”) to finish a licensing settlement with Crimson White & Bloom Manufacturers Inc. (“RWB”), a publicly traded multi-state hashish operator and home of premium manufacturers which are accessible throughout the hashish market in america.

Mountain Valley and RWB anticipate finishing a Product Improvement and Business Licensing Settlement (the “Settlement”) earlier than the tip of October, 2021. The Settlement will set out the phrases upon which Mountain Valley will develop a number of formulation utilizing MVMD’s Quicksome™ expertise and novel cannabinoid solubilization method to be utilized by RWB to numerous hashish product purposes. RWB would have an unique license initially in Florida, Michigan and California to fabricate and distribute its hashish merchandise in alternate for funds, together with analysis and growth charges and royalties.

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“We look ahead to a fantastic partnership with Mountain Valley MD as we leverage their expertise in help of our technique to convey premium, main, and disruptive hashish merchandise to {the marketplace},” acknowledged Brad Rogers, Chairman and CEO of Crimson White & Bloom Inc. “Crimson White & Bloom has a really aggressive development technique for key markets in america and past, led by our dedication to supply top quality, revolutionary manufacturers within the hashish area.”

Via its analysis and growth work, Mountain Valley had labored initially on a proprietary solubilization method that was utilized to each THC and CBD molecules. The solubilized cannabinoids had been then utilized to a singular Quicksome™ THC-based sleep formulation created for RWB, which is the preliminary formulation to be developed by Mountain Valley pursuant to the LOI, to realize the specified efficacy to help RWB’s pursuit of the medical sleep market initially in Florida, Michigan and California.

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“It’s an honour to work with Brad Rogers and his workforce at Crimson White & Bloom given their spectacular visionary work throughout the US hashish panorama,” acknowledged Dennis Hancock, President & CEO of Mountain Valley MD. “Brad’s demonstrated observe report of constructing tremendously profitable and worthwhile companies on this excessive development financial sector, and his preliminary imaginative and prescient to disrupt the medical sleep area in key U.S. markets, is an ideal bullseye as a beginning place for our Quicksome™ expertise.”

The Firm is at present getting ready a patent for submission to america Patent Trademark Workplace (USPTO) to guard its cannabinoid solubilization work, which it believes will probably be a cornerstone for a lot of distinctive product formulations within the hashish market.

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“This partnership with Crimson White & Bloom is meant to showcase our expertise and its novel worth proposition into the U.S. hashish market. Seeing our Quicksome™ and solubilization applied sciences utilized to what we see as a excessive development area can be a validation of our formulation and licensing worth proposition as we transfer into this necessary commercialization section for MVMD,” concluded Mr. Hancock.

ABOUT RED WHITE & BLOOM BRANDS INC.

RWB is positioning itself to be one of many prime three multi-state hashish operators lively within the US authorized hashish and hemp sector. RWB is predominantly focusing its investments on the key US markets, together with Michigan, Illinois, Florida, Arizona, and California with respect to hashish, and the US and internationally for hemp-based CBD merchandise.

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For extra details about Crimson White & Bloom Manufacturers Inc., www.RedWhiteBloom.com

ABOUT MOUNTAIN VALLEY MD HOLDINGS INC.

Mountain Valley MD is constructing a world-class group centered across the implementation and licensing of its key applied sciences to international pharmaceutical, vaccine and nutraceutical third events:

In line with its imaginative and prescient in direction of “Extra Life”, MVMD applies its Quicksome™ and Quicksol™ applied sciences to its work for superior supply of vaccines and pharmaceutical medicine in addition to the event of merchandise for ache administration, weight reduction, power, focus, sleep, nervousness, and extra.

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MVMD’s patented Quicksome™ desiccation expertise makes use of superior liposomes and different stabilizing molecules to encapsulate and formulate lively substances into extremely environment friendly product codecs which are consumed orally. The result’s a brand new era of product formulations that could possibly be able to delivering vaccines, medicine and nutraceuticals into the physique quicker, with higher influence, effectivity and accuracy.

MVMD’s patented Quicksol™ expertise covers all extremely solubilized macrocyclic lactones that could possibly be successfully utilized in a number of viral purposes that would positively influence human and animal well being globally.

For extra Firm info and speak to particulars, go to www.mountainvalleymd.com.

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SOURCE: Mountain Valley MD Holdings Inc.
      

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Sure statements contained on this information launch could represent forward-looking info. Ahead-looking info is usually, however not all the time, recognized by means of phrases corresponding to “anticipate”, “plan”, “estimate”, “anticipate”, “could”, “will”, “intend”, “ought to”, and comparable expressions. Ahead-looking info includes recognized and unknown dangers, uncertainties and different elements that will trigger precise outcomes or occasions to vary materially from these anticipated in such forward-looking info.

The Firm’s precise outcomes may differ materially from these anticipated on this forward-looking info on account of regulatory selections, aggressive elements within the industries during which the Firm operates, prevailing financial circumstances, and different elements, a lot of that are past the management of the Firm.

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The Firm is making forward-looking statements, together with however not restricted to with respect to numerous issues associated to the Settlement, together with: coming into into the Settlement by the tip of October, 2021; the character of the connection between the Firm and RWB; the preparation of formulations for RWB; the use and utility of the formulations and customarily rights meant to be granted to RWB; the merchandise or sorts of merchandise to be manufactured and distributed by RWB; the territories inside which RBC will maintain the licences granted to it below the Settlement; the meant pursuits of RWB; the expansion and growth of the sectors during which RWB operates or intends to function; and the importance of and influence on the Firm of the foregoing.

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The Firm believes that the expectations mirrored within the forward-looking info are cheap, however no assurance will be on condition that these expectations will show to be right and such forward-looking info shouldn’t be unduly relied upon. Any forward-looking info contained on this information launch represents the Firm’s expectations as of the date hereof and is topic to alter after such date. The Firm disclaims any intention or obligation to replace or revise any forward-looking info whether or not on account of new info, future occasions or in any other case, besides as required by relevant securities laws.

www.mountainvalleymd.com

For additional info: Dennis Hancock President and Chief Govt Officer Mountain Valley MD Holdings Inc. Investor Relations @ 647-725-9755 E mail: dennis@mountainvalleymd.com