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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 bentley747on Nov 24, 2018 12:34pm
62 Views
Post# 29017477

Market Cap 74.7 million , no debt ,over 50 million cash plus

Market Cap 74.7 million , no debt ,over 50 million cash plusThe Harvest One Cannabis Duncan facility is an ACMPR license, low-cost, highly scalable production facility. The facility boasts 16,000 square feet, a full in-house biochemical QA/QC laboratory, a Level 9 security vault, and fully automated high-tech growing and fertilizer systems. The facility has a grow plan of 31 distinct commercial varieties and is under a long-term lease for 7+ years. The facility has a 900-kilogram annual production capacity. The Harvest One Cannabis Lucky Lake facility is a 60,000-square-foot, modern agricultural facility sitting on a 22-acre property. The facility has 20-foot bay ceilings to allow for vertical cultivation system and ample power and water. The Lucky Lake facility, which is in the final stages of licensing, is situated adjacent to a CN rail line and airport. Annual production capacity could be 8,000 kilograms. Future development at the site could include outdoor growing. Expansion Plans Lucky Lake Facility United Greeneries, Harvest One's cultivation arm, is a Canadian ACMPR Licensed Producer. United Greeneries has two main facilities, the Duncan Facility on Vancouver Island in BC and the Lucky Lake Facility in Saskatchewan. United Greeneries' Duncan Facility is licensed to cultivate and distribute medical marijuana by Health Canada pursuant to its ACMPR License. United Greeneries also hold a Dealers License which gives the Company the ability to both import and export approved medical cannabis products as well as conduct research and development on new cannabis based products. The Duncan Facility has approximately 10,000 ft of cultivation area and high compliance items such as a Level 8 Narcotics Vault and a full service in-house biochemical and analytical laboratory. The Facility has cultivation capacity of approximately 1,000 kg of cannabis per annum. For more information please visit the United Greeneries website at www.unitedgreeneries.ca Chemainus Facility The Chemainus, BC facility is located approximately 10 minutes from United Greeneries primary cultivation facility in Duncan on Vancouver Island. The property is ideally suited to repurpose into a cannabis cultivation facility due to its existing building envelopes and electrical power infrastructure. With a similar modular build-out to Lucky Lake, UG expects an efficient and short construction timeline period, with cultivation activities to commence in late 2018, subject to applicable regulatory approvals. The facility design allows for high-quality indoor production of dried cannabis flowers with a total annual production capacity of approximately 8,000kg. British Columbia Outdoor Growing UG previously announced the preparation of the largest legal outdoor grow operation in Canada, subject to regulatory approval. The Company is pleased to announce that UG has closed the previously-announced purchase of for 398 acres of agricultural land (the "Property") in British Columbia. Once built out to its maximum capacity, it is estimated that up to 50,000kg of dried cannabis flowers will be grown on the site by year end 2019. UG believes the Property may potentially provide some of the best cannabis climate growing conditions in a federally regulated environment on a global scale and confidently expects that the large-scale outdoor production of premium flowers will significantly reduce production costs compared to indoor cultivation. The outdoor growing program will enable UG to introduce a number of highly desirable cannabis varieties to the market that are not currently available from indoor or greenhouse production schemes. UG owns over 32 select different commercial cannabis cultivars, several of them specifically bred and selected for outdoor growing. "Following on our most recent bought deal financing, the company is well positioned to execute fully on all our expansion plans within the fastest possible time, as all our capital expenses and operating costs for the next two years are covered," said Andreas Gedeon, CEO of Harvest One. "We are now fully focused on execution in all our business units and will continue to concentrate on creating shareholders substantial and sustainable value. Harvest One continues to evaluate strategic investments that will provide long term shareholder value as the global cannabis market matures."
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