EnWave Signs Royalty-Bearing License with Second New Zealand Cannabis Company and Completes GMP REV™ Machine Sale
EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that NutraDried Food company LLC (“NutraDried”), a wholly owned subsidiary of the Company, has received a large repeat order of its Moon Cheese® snack product from Costco Wholesale Corporation’s (“Costco”) Midwest division and has expanded its product rotation opportunity into the Northwest division beginning in April 2018.
Current Moon Cheese® sales success in Costco represents a significant positive revenue opportunity for NutraDried, but does not guarantee long-term Costco distribution. This expanded trial launch is NutraDried’s first attempt at selling club format branded Moon Cheese® product. NutraDried is vigorously pursuing additional club format distribution opportunities to build momentum from the current aforementioned success.
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