(ara) To Collaborate On A Range Of Topics As Outlined Below.

(“ARA”) to collaborate on a range of topics as outlined below. ARA is uniquely positioned to test, extract, develop, produce and supply cannabinoids that can enable and enhance the delivery and commercial success of medicinal cannabis products. Medical marijuana stocks As such, ARA will play a key role in supplying the University of Waterloo and Western University with cannabis oil for the previously announced sponsored research programs, in addition to contributing to the product development and formulation opportunities that combine the benefits of algae and cannabis oils. Paul Ramsay, Chairman and President of the Company said, “This collaboration is a vital piece of our corporate development strategy. Our relationship with ARA will assist us immensely in the development of unique products both in the medical cannabis category, as well as in unique formulations utilizing cannabis and algae oils. It dove-tails beautifully with our recently announced research relationships with two universities, and we believe will help fast-track us to revenue.” The key aspects of the strategic collaboration between the Company and ARA are as follows: ARA agrees to test, formulate, manufacture, and package cannabis and algae based products as requested and developed by ADC under the current and/or future medical and recreational cannabis regulations, it being understood that products containing both cannabis oil and algae oil, or derivatives therefrom, will be processed exclusively for ADC. ARA agrees to assist ADC to develop marketing channels including but not limited to: website development and internet promotion, medical doctors, product distributors, as appropriate and in compliance with the regulatory requirements. ARA agrees to assist ADC where possible in obtaining regulatory approval for its license pursuant to the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) and licensed recreational products. ARA agrees to assist ADC with market development and product distribution to Health Canada ACMPR licensed producers.

To read more visit http://www.marketwatch.com/story/algae-dynamics-corp-announces-memorandum-of-understanding-with-company-licenced-by-health-canada-to-test-extract-purify-importexport-and-sell-cannabis-oil-2017-03-16

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