United Cannabis and Hop-on team up

Hop-on (HPNN) unch) signs an agreement with cannabis industry consultant United Cannabis (CNAB -2.8%) to assist with a regional rollout of cannabinoid products.

CNAB will help in provisioning cannabis growers and will provide assistance in the build-out of processing, extraction and production facilities as well as the regional sales and distribution operations.

Hop-on, through its subsidiary Re-Medical, will provide licensing of IP regarding standardized cannabinoid profiles that show empirical or clinical efficacy as treatments for specific ailments, standardized cannabinoid profile extraction methods, efficient extraction of active ingredients from cannabis using CO2 fluid extraction technologies and the formulation and fabrication of transdermal and other cannabinoid delivery methods.

No financial terms are disclosed.

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