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SOFIA (Bulgaria), November 21 (SeeNews) - Canada's Yield Growth Corp said on Thursday that it has signed an agreement granting Ontario Corp exclusive distribution rights in Greece, Cyprus, Romania, Bulgaria and Serbia for the organic mushroom coffee line being developed by Yield Growth's unit Flourish Mushroom Labs.
The term of the agreement is three years and exclusivity is maintained provided that minimum orders of $100,000 (90,000 euro) per year are met, Yield Growth Corp said in a statement.
The initial line of mushroom coffee mixes will be organic and infused with various wild mushrooms such as Lion's Mane, Turkey Tail, Reishi, Shitake, Chagas and Cordyceps, with distribution due to begin in Europe after regulatory approvals have been obtained.
The Yield Growth Corp specialises in developing and selling hemp, marijuana and mushroom products.
($ = 0.9021 euro)