On January 21, 2025, SNDL Inc. announced a collaboration agreement with HYTN Innovations Inc. to jointly develop Good Manufacturing Practices (GMP) compliant vape cartridges. The agreement was signed on January 17, 2025.
Under the terms, HYTN will utilize its GMP-certified facility and expertise, while SNDL will provide specialized equipment, cannabis consumables, and capital to meet regulatory requirements. This initiative aims to enable the manufacturing of vape cartridges for international distribution.
This partnership is expected to provide the resources needed to rapidly amend manufacturing systems and deliver vape cartridges to pharmaceutical markets. The market for GMP-compliant cannabis vape products is expanding, with projections for significant growth in regions like the UK and Germany.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.