MPX International Corporation: A Next Generation Cannabis Company

In recent months, RichTV Live has emerged as one of the most important YouTube channels for investors and for good reason, considering the sort of content that it releases regularly. The videos published by the channel often look into companies that may be a bit under the radar among investors and also provides analysis with regards to a wide range of topics that investors might be interested in.

This morning, RichTV released another video and this one looks into the multinational cannabis firm MPX International Corporation (CSE:MPXI) (OTC:MPXOF).

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Key Points

In this regard, it is also important to point out that cannabis stocks have managed to make a comeback of sorts in the stock markets in recent days.  On the other hand, MPX also made a significant announcement this morning and that is something that investors might be interested in.

This morning the company announced that back on February 17 this year licensed cannabis company Canveda Inc reached an agreement with Ontario Retail Cannabis Corporation. The agreement in question is related to Canveda supplying the corporation with cannabis that are sold under the brand name Strain Rec.

This particular agreement is going to last until August 14 next year and more importantly, there are provisions to extend it further as well. Canveda is another of the arms of MPX International and the deal is a significant one for the company as it tries to slowly but surely emerge as one of the major international players in the industry.

Hence, it was not a surprise that the company was showcased on Rich Tv live today. The analyst at RichTV provided a thorough lowdown of the company and its operations in today’s video in order to provide the subscribers with a deeper look into MPX’s business.

Michael Amkvarn, who is the Chief Operating Officer for MPX’s operations in Canada, stated that the company is proud to be based out of Ontario and pleased to have further expanded the Strain Rec brand. The reason why the latest deal is important for its operations in Ontario is due to the fact that Ontario Retail Cannabis Corporation is the only legal online cannabis retailer in the province. Additionally, it is the only distributor of cannabis to retail stores.

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