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VIVO Cannabis Inc. (OTCQB: VVCIF) announced on October 3rd the company has made a $5 million investment into Westleaf Cannabis Inc. and an agreement to supply Westleaf retail locations with cannabis. VIVO received 5,882,353 units from Westleaf that are equivalent to 1 common share and ½ of one common share purchase warrant.

Westleaf intends to use the investment made by VIVO to continue their retail location expansions throughout Canada.

The supply agreement between the two companies is set to last multiple years and is also subject to regulatory agency approvals.