- Australian Primary Hemp (APH) has signed a two-year exclusive agreement with Annex Foods for the supply of hemp seeds
- Annex will use APH’s hemp seeds in its products sold under the brand Red Tractor Brand
- Then the agreement is worth $760,000 and is a significant milestone for APH
- APH’s recently improved Geelong processing facilities has allowed the company to meet Annex’s specifications
- Annex Managing Director, Kane Fetterplace, said the company committed to using Australian grown ingredients in its products
- APH is up 7.69 per cent on the market today and is trading for 14 cents