10:32 AM EDT, 08/21/2024 (MT Newswires) -- Bright Green (BGXX) said Wednesday it signed a letter of intent to supply marijuana extracts and plant-based psychedelics to Benuvia Operations.

As part of the proposed deal, Benuvia plans to produce domestically manufactured, pharmaceutical-grade active pharmaceutical ingredients for US and global markets in partnership with Bright Green, the company said.

Bright Green shares were down more than 10% in recent trading.

Price: 0.22, Change: -0.03, Percent Change: -10.55