09:29 AM EST - Allied Corp. : Announced that it has sold out of its first harvest production inventory. The demand for Allied’s high quality product has surpassed Allied’s initial supply. In response to this, Allied is swiftly scaling the production in Colombia. Allied has signed the last purchase order from an international buyer that completes the sale of the last volume of production output from Allied’s initial harvest. This news comes as follow up to Allied’s approvals for being able to commercialize its production output as well as approvals to export to two very large international markets. This positive response from the market has enabled Allied to expedite its business plan. “Like in any healthy market, good quality product moves very quickly. We have been very purposeful to not expand too quickly but rather match our supply to the market demand. In light of this, we have put resources towards scaling the production footprint in Colombia. 2021 is an exciting year thus far for Allied to say the least.” said Calum Hughes CEO of Allied. Allied Corp.
shares O.ALID are trading unchanged at $0.80.
