After long anticipation, management has delivered once again to increase shareholder value by securing its earlier announcement on a partnership with Hempco. Shareholders of Relevium Technologies (TSX V: RLV) (Frankfurt: 6BX) saw shares soar to new highs on Friday closing at .27cents with a total of 31.9M shares traded.What does this mean for Shareholders of Relevium?
With this exclusive agreement, Relevium Technologies will market PlanetHemp products to both the United States (USA) and the United Kingdom (UK) through their direct website and Amazon, as well through other multiple online distribution channels which could include big names such as Wal-mart.com Alibaba, Jet.com, Flipkart and Costco.com. This strong partnership will also allow Relevium to develop new formulations and products to their product line by introducing fitness nutrition, nutraceutical and skin-care market. Also noted in the Exclusive Agreement which provides an exciting catalyst for investors is a product extension of CBD infused products. With government regulations loosing up laws surrounding CBD and the recent growing popularity for CBD by consumers has caused an increased demand for CBD infused products. Furthermore this continues to increase Relevium revenue stream through additional product lines. Currently Planet hemp offers 8 different products which include Hemp snacks, Hemp oil, Hemp Smoothie mix and hulled hemp seeds.
This partnership comes at a very interesting time as investors have seen Relevium’s partner HempCo (TSX-V: HEMP) shares increased 340% hitting new highs to $3.13 a share from investments made by Aurora Cannabis (TSX: ACB) which have also soared 151% from $2.88 to $7.25 a share within the same 30 day period. Investors could see carried momentum on the share price of RLV as the popularity and demand continues to grow for Hemp and CBD infused products worldwide. With Aurora on a current spending spree of acquisitions as a means to capture and protect market share, investors could see Aurora possibly take a financial interest in a company already generating significant revenues such as Relevium Technologies.Our conclusion
This exclusive partnership demonstrates management’s true ability to deliver value to its shareholders, and we see this partnership to be very valuable for both parties. We believe this agreement works in the best interest of shareholders as Relevium will be able to generate substantial revenues with this partnership while having zero dilutive effect. We remain confident that management of Relevium will continue to drive shareholder value through its series of partnerships and acquisitions and look forward to what the future has to offer.About Relevium Technologies
Relevium is a publicly traded corporation strategically focused on the acquisition of entrepreneurial e-brands and technologies with your health and wellness in mind. Our area of interest and focus include Nutraceuticals, Sports Nutrition and Nutri-cosmeceuticals. Relevium creates shareholder value by aggregating entrepreneurial health and wellness e-brands through a shared success structure that allows investors to secure excellent value at source and while seeking enhanced valuations in the public capital markets.
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