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Delivra Health Brands Inc V.DHB

Alternate Symbol(s):  DHBUF

Delivra Health Brands Inc. is a Canada-based consumer packaged goods company. The Company provides products that help with pain, sleep, anxiety, and performance through its acquired brands LivRelief and Dream Water. It operates a portfolio of brands under its Consumer Division consisting of Dream Products Inc. and its associated subsidiaries, and Delivra Corp. and its associated subsidiaries. Dream Water produces convenient, travel-friendly, single-serving 2.5oz liquid sleep shots, sleep powder packets that consumers can take with or without water and gummies. Its LivRelief brand offers relief for conditions such as joint and muscle pain, nerve pain, varicose veins, wound healing, and sports performance. It has also added three new products to its portfolio of licensed infused products: Transdermal 1:1 Cream- 250mg CBD:250mg THC; Transdermal CBD Cream with Cooling - 500mg CBD, and Extra Strength Transdermal CBD Cream: 1200mg CBD.


TSXV:DHB - Post by User

Bullboard Posts
Post by PChung888on May 03, 2018 2:43pm
154 Views
Post# 27978366

Acquisition

Acquisition

May 3 (Reuters) - Harvest One Cannabis Inc:

* HARVEST ONE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE DREAM WATER

* SAYS DEAL FOR US$12.5 MILLION IN CASH AND C$18.5 MILLION IN SHARES AT A DEEMED PRICE OF C$1.00 PER SHARE

 

* SAYS DEAL REPRESENTS TOTAL CONSIDERATION OF APPROXIMATELY C$34.5 MILLION

* SAYS AFTER DEAL CLOSING, CO WILL CONTINUE TO HOLD SUBSTANTIAL CASH POSITION OF ABOUT C$62 MILLION AND ZERO DEBT

* SAYS ENTERED DEFINITIVE AGREEMENTS TO COMPLETE ACQUISITION OF ALL OUTSTANDING SHARES OF DREAM WATER PRODUCTS CANADA & SARPES BEVERAGES

* SAYS AS PART OF DEAL, COMBINATION OF DREAM WATER CANADA, DREAM WATER USA WILL BECOME DREAM WATER GLOBAL

 

* SAYS DREAM WATER GLOBAL TO OWN WORLDWIDE RIGHTS AND ALL INTELLECTUAL PROPERTY TO AND FOR DREAM WATER Source text for Eikon: Further company coverage:


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