Cave Creek based Lotus Bio-Technology Development Corp. has signed an exclusive joint-development and marketing agreement with Hunan Cangshi Biological Technology Co. Ltd (HC) to bolster sales and strengthen Lotus' position in the industry.
"This is a real turning point for us; the relationship with HC represents a significant opportunity to collaborate with a true breakthrough company with aligned values and a similar mission," Lotus President Michael Palethorpe said. "We plan to advance together expediently in creating sustainable and natural consumer related products ... They are a choice partner with deep industry roots that will enable us to accelerate our international sales strategy at a time when China is at the fore-front of a new revolution; the growing market acceptance of environmentally friendly products."
Hunan Cangshi is a proprietor, developer and producer of organic plants that are grown under the direction and control of HC. HC develops of organic-based environmentally friendly products.
Lotus and HC will promote the entire line of products and services that are produced by HC. Lotus will offer marketing expertise resources and HC will provide the products and services for the emerging natural products markets in China.