Last month, at the VIP dinner preceding Brewery annual summer festival, employees, volunteers, and attendees toasted the launch of a brand new beer: Lean Machine.
The beer, which had been was made exclusivly from locally grown hops in British Columbia, Chilliwack.
Fraser Valley Hops
Chilliwack, B.C. –
FraserValley Hop Farms Ltd, (“Hops Supplier”) and VCPBrands Ltd, (“Hops Buyer”) hereby express their non-binding intention to enter into an agreement in the future pursuant to which
Hops Buyer intends to purchase from Hops Supplier the business/property known as Lean Machine (“the Business”), located at 1055 West Hastings, Vancouver, British Columbia upon the following terms and conditions:
Hope farmers across the province of British Columbia are about to begin the tedious process of the annual hop harvest. The well known Chilliwack Hops Farm is now preparing to release two fresh hop variants, to represent the growing need for craft beer in North America.
The fresh hops produced in the city of Chilliwack has been a long standing tradition in the city, with their award winning hop farms. Both brew-masters and breweries are working closely with the growers, to provide feedback year after year, resulting in the best fresh hops for its lineup.
Any additional or modified terms and conditions of the sale of hops contemplated hereby shall be included in the final documents of sale to be agreed upon and executed by the parties after execution of this Non-Binding Letter of Intent. The parties shall each bear their own respective attorneys fees and other costs, including commissions payable to any brokers or finders, unless and until agreed otherwise.
“Our brand of hops this season is the product of working with other local farmers and brew-masters to create the kind of dialog that works with the important ingredients in beer. It’s important to us that a conversation between the two take place to benefit both wides of quality beer, everyone loves to drink.” – said: Fraser Valley Hop Farms CEO
The Purchase Price of the hops shall be allocated among real and personal assets of the Businessbeing purchased by Hops Buyer as stated in the agreed upon Letter Of Intent (LOI).
Fraser Valley Hop Farms Ltd. Is currently working with over 50 local brewing companies in the region, and is the workhorse supplier of hops. The farm will release fresh hops to produce lager, including a wide range of variations. The farm has been and remains to be independently owned and operated, holding decades worth of combined experience. As a result, sustainable and organic practices have produced a reputation for high quality. These factors combined with the increasing demand for hops has increased projections for 2016 and 2017 as the farm acquires more acreage to fulfill orders. The award winning farm is winning on a national and international level from a wide variety of breweries. To learn more visit, www.chilliwackhopfarms.ca