09:50 AM EST - BevCanna Enterprises Inc. : Announced today that it has closed its previously announced acquisition of Naturo Group Investments Inc. The combination of these two emerging industry leaders creates a diversified health and wellness; beverage and natural products company, with $55M+ in assets on the balance sheet, and a global multi-channel sales and distribution network positioned for growth. “The combination of these two Canadian beverage industry leaders unlocks significant potential for growth,” said Marcello Leone, CEO of BevCanna. “The synergies between BevCanna and Naturo are exceptionally strong and each brings complementary strengths to the table. BevCanna is a leader in the cannabis-infused beverage and nutraceutical industry while Naturo’s innovative plant-based mineral beverage and supplement brand, TRACE, and significant manufacturing infrastructure and international distribution networks, form the foundation of an industry-leading health and wellness company.” BevCanna Enterprises Inc.
shares C.BEV are trading up 2 cents at $1.32.
