Cannabis Wheaton Income Corp. (Wheaton Income) announced that it has entered into a binding interim supply agreement, pursuant to which Wheaton will purchase cannabis, including dried flower and cannabis oil (collectively, the "Cannabis Products") for distribution to federally legal international jurisdictions from Aphria Inc. Under the terms of the Agreement, Aphria will supply Navisent Inc., a subsidiary of Wheaton formed for the purposes of establishing international distribution channels with up to 60,000 kilograms of Cannabis Products between now and February 1, 2022. Securing the supply of Cannabis Products under the Agreement allows Wheaton to accelerate the execution of its international distribution strategy 12-18 months ahead of schedule and establish a strong presence in various federally legal international jurisdictions that are experiencing strong demand for medicinal cannabis products.

The Agreement is to be superseded by a definitive agreement to be entered into by Wheaton and Aphria imminently.