#Cannabis
#Stocks (OTC: $RLBD) (OTC: $TRTC) (NYSE: $APHA) (NYSE: $ACB)-Mergers, Acquisitions
and Partnerships-Preparing for Next Wave of Growth
Point
Roberts WA, Delta, BC – November 7, 2019 - Investorideas.com, a
leading investor news resource covering cannabis and hemp stocks releases a
snapshot looking at mergers, acquisitions and partnership agreements in the
cannabis industry and how companies like Real Brands, Inc. (OTC:RLBD) and
other key players are ramping up for the next phase in the sector.
Read this in full
at https://www.investorideas.com/news/2019/cannabis/11071Mergers-Acquisitions-Partnerships.asp
While
the partnership and acquisition news rush that began at the start of the year
may have slowed over the summer, there seems to be an upturn happening again. New
Frontier Data, the global authority in data, analytics
and business intelligence and the only Big Data tech solution solely focused on
the cannabis space, shortly after the announcement of the over USD $10M
acquisition of Zefyr, announced plans
to acquire Civilized Worldwide Inc. at the New West Summit 2019.
New
Frontier Data COO, Gary Allen said Tuesday, in a keynote at the Benzinga
Cannabis Capital Conference in
Chicago, that “brands must go further in their marketing and brand
development,''
"We
have to do some things in this industry, just like every other mature market.
We have to bank. We have to standardize. More brands are likely to merge as
legalization continues,” he said, “but they shouldn't unless there's a viable
reason to do so."
As
analysts are starting to predict a bottom in the
cannabis sector, companies are preparing for the next wave of growth.
Real Brands, Inc. (OTC:RLBD),
recently closed its
previously announced acquisition of the proprietary CBD formulas from
Integrative Medicine US, of Coral Springs, Florida. The formulas consist of
Ancient Chinese and other Ancient Herbal Remedies that are paired with the
latest scientific breakthroughs in endocannabinoid systems, nutrients and hemp
derived CBD.
“We
are pleased to announce the signing of the definitive agreement to acquire
these proprietary formulas," said Real Brands, Inc. CEO, Jerry Pearring.
“Since completing our audit, earlier this month, we are now focusing on
launching our brands and E-commerce website,” he added. “We are concluding the
final steps in developing our unique packaging design and formulations for each
of our brands: CBD Pharmacy™, HempAid®, Humboldt Brands® and Omegahemp™. This
acquisition bolsters our efforts to offer consumers innovative CBD products
and, as we previously announced, we intend to use these formulas for our CBD
Pharmacy™ brand and feature the Chinese symbol for healing in our new logo.”
In
addition, as part of this acquisition, Jonathan Fields, AP DOM, has entered
into an agreement to formulate additional products for Real Brands and become
the initial member of Real Brands, Inc.’s Advisory Board. “I’m pleased to
become a member of the Real Brands team and look forward to applying my
education and ongoing research into traditional eastern medical therapies to
create delivery mechanisms that act synergistically with CBD,” said Mr. Fields.
Real
Brands is led by a strong management team, (Jerry
Pearring, Chief Executive Officer, David Failla, Executive Vice President and
Peter N. Christos, Chairman), with decades of experience in consumer products
and building very successful companies from startups to Fortune 50
acquisitions.
The
company also recently completed its
PCAOB audited financial statements for the two-year period ending December 31,
2018.
Real
Brands has also built up a strong relationship with
professional athlete Scott Piercy, World-renowned PGA Tour Professional Golf Pro.
Scott is also coming aboard the Real Brands Team as a Brand Ambassador, and
last month made a further commitment by making a long-term investment into Real
Brands.
“We
are excited to announce Scott Piercy as a Brand Ambassador for Real
Brands," said Jerry Pearring, CEO of Real Brands, Inc. “The fact is Scott
has made a long-term investment in Real Brands, Inc. that elevates his
endorsement beyond that of just a Brand Ambassador to that of a very
serious-minded individual that believes in the Real Brands business model and
its long-term potential. We are honored to have Scott join the Real Brands Team
and welcome him aboard.”
“I
am proud to join the Real Brands Team. I have taken the time to get to know the
team at Real Brands and look forward to doing what I can to help grow their
Hemp-Derived CBD brands,” said Mr. Piercy.
“I know this will also be great fun and look forward to doing my part as
the team works together within this rapidly evolving industry to launch the
Company’s unique brands through traditional retail channels, and its new
e-commerce web site launching this year.”
Terra Tech Corp. (OTC:
TRTC), a vertically integrated, cannabis-focused
agriculture company, and OneQor Pharmaceutical, a privately held
over-the-counter pharmaceutical company focused on developing, patenting, and
delivering proprietary, plant-derived formulations in order to provide
consumers with safer, more effective OTC solutions, recently
announced that the two companies have entered into an Agreement
and Plan of Merger pursuant to which OneQor will merge with a wholly owned
subsidiary of Terra Tech in an all-stock transaction. The combined company will
focus principally on emerging pharmaceutical development opportunities for
OneQor, while the operation of Terra Tech's portfolio of THC and agricultural
related assets is expected to continue in the short-term.
However, the combined company desires to list on a
national securities exchange and, as further described below, intends to weigh
several strategic options for the legacy Terra Tech business segments that may
include a spin-off, special dividend, merger or potential sale among other
accretive transactions.
"With
our scientific research and proprietary compounds, combined with Terra Tech's
loyal shareholders, asset management, and corporate governance structure, we
are confident OneQor will be able to positively impact the way society and
big-box retailers approach OTC care. I have known the Terra Tech team for years
and we believe that the alignment with Terra Tech will make this fundamental
vision a reality," said Matthew Morgan, Chief Executive Officer of OneQor.
"The
cannabis industry is facing strong headwinds, from both a capital and a regulatory
standpoint. We feel confident that this is the best use of the company's
balance sheet in order to achieve growth and profitable returns for
shareholders," said Derek Peterson, Chief Executive Officer of Terra Tech.
Aurora Cannabis
Inc. (NYSE:
ACB)
(TSX:
ACB),
a company who has been making headlines with regards to acquisitions and
partnerships since pre-legalization in Canada, recently
announced adding the award-winning Binske cannabis brand, from
parent company Praetorian Global LLC, and the Alchemist CBD brand to their
growing portfolio of product lines.
Aurora
will license Binske intellectual property (IP) from Praetorian as part of its
first foray into the Canadian edibles marketplace. Binske joins other notable
brands as Aurora continues its Canadian expansion of product lines. According
to Deloitte, Canada’s edibles market will be worth CA$1.7B by 2020, with
research showing 93% of Canadians who favor legalization are open to trying
edibles.
Aurora's
leadership position extends beyond cultivation and beyond the Canadian market.
The Company is now active in 25 countries around the world, and has been the
driving force in the development of the global medical cannabis industry and
now the global hemp industry.
Aurora
is also conducting
a joint research program with the Ultimate Fighting
Championship on a number of health indications and desired health and wellness
outcomes that are of importance not just for mixed martial arts
("MMA") athletes but for any level of athlete across any sport. The
study will focus on the efficacy of hemp-derived cannabidiol (CBD) therapies,
as well as on identifying optimal dosage via a variety of delivery mechanisms.
Currently,
Aurora and the UFC are in the final stages of preparing an athlete intake
survey for submission to an Independent Review Board, which will engage UFC
athletes at the Performance Institute in Las Vegas. Simultaneously, Aurora is
developing the formulations and clinical trial protocols for the first pilot
interventional study which is focused on pain and inflammation. Upon completion
of the studies, Aurora intends to develop new products for the medical and
wellness markets under the new brand, ROAR Sports, which stands for research on
accelerated recovery.
Aurora
has a broad partnership portfolio of cannabis and cannabis-adjacent businesses
which all provide valuable strategic benefits to Aurora. The benefits include
retail footprint and customer insights, product technology/intellectual
property, and operational or cost advantages. The list of current portfolio
includes includes Alcanna Inc., Australis Capital Inc., Capcium Inc., Choom
Holdings Inc., CTT Pharmaceutical Holdings Inc., EnWave Corporation, High Tide
Inc., Micron Waste Technologies Inc. and Radient Technologies Inc.
Aphria Inc. (TSX:
APHA) (NYSE:
APHA) recently
issued the following statement in regards to Aleafia Health
Inc.’s termination of the Company’s wholesale cannabis supply agreement with
Emblem Corp.:
“We are
disappointed that Aleafia has chosen to terminate its Agreement with Aphria
Inc. The Company had every intention of fulfilling its obligations under the
Agreement. As a large shareholder of Aleafia, Aphria made good faith efforts to
ensure continuation of the Agreement understanding it was in the best interest
of all parties involved. However, the termination of this legacy Agreement
frees up significant supply allowing the Company to service its brands that are
in high-demand across the country.”
The
company also announced
completing the implementation of the Cloud ERP solution from Rootstock
Software, a leading provider of cloud Enterprise Resource Planning (ERP)
solutions designed for manufacturing, distribution and supply chain organizations.
Aphria simultaneously implemented ComplianceQuest’s Enterprise Quality
Management System (EQMS) to support quality management processes in today’s
highly regulated cannabis industry.
Aphria
is a Canadian cannabis company listed on both the Toronto and New York Stock
Exchange, and is one of the largest cannabis companies in the world. In Canada,
cannabis is legal for both recreational and medicinal purposes. The country’s
federal Cannabis Act went into effect in October 2018, making Canada the second
country in the world to legalize cannabis and the first G7 nation (the seven
largest, most advanced economies in the world) to do so.
Rootstock’s
Cloud ERP meets all of the requirements of the cannabis industry. As a
comprehensive ERP solution, it includes order processing, production
management, supply chain management, lot and serial number trackability and
traceability, compliance reporting, costing and financial management.
These
announcements were followed by the company reporting
profitable results for the first quarter ended August 31, 2019.
“We
are pleased to report a second consecutive quarter of profitable growth with
strong contribution from our Canadian cannabis operations. Our success was also
driven by our international business and the strength and growth of our brands,
particularly Broken Coast, despite a small fire at our British Columbia
facility at the end of the quarter. This solid start to the year keeps us on
track to achieve our fiscal year 2020 financial outlook,” stated Irwin D. Simon,
Interim CEO of Aphria Inc.
“Going
forward, we remain focused on our highest-return priorities both in Canada and
internationally as our team furthers the development of our medical and
adult-use cannabis brands to drive growth through innovation and return value
to shareholders.”
As
the cannabis industry continues to experience the impact of market fluctuation
and changing regulations, many companies are starting to see the benefit of
working together, either through strategic partnerships or acquisitions, in
order to maintain shareholder confidence and prepare for the predicted global
cannabis revolution. For the times they are a-changin'
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