Oboya Horticulture Industries AB (publ) and Aureum have signed an agreement on a new joint-venture company with activities in the development and sale of cultivation products with a focus on medical cannabis for the consumer markets. The new joint-venture company will be named Aureum Green Thumbs AB and will be equally owned by the companies. Aureum is responsible for sales and distribution and Oboya is responsible for product supply. Initially, the cultivation products will be sold and distributed to Italy, the Czech Republic and Spain, and subsequently to several countries outside Europe. The products and assortment will be developed specifically for the consumer market and include, for example, pots, plant lighting, growing tools and more. The cultivation products should mainly consist of recyclable plastic or biomaterial, which promotes the environment and sustainability in society.