Latest Breaking News On - Naturo group inc - Page 1 : comparemela.com

BevCanna Enterprises Inc. (CSE:BEV) (OTCQB:BVNNF) is taking over a Canadian producer of beverages and consumer products. The Vancouver manufacturer of cannabinoid-infused beverages has entered into an amended and restated agreement to acquire Naturo Group Inc. The move is a step closer to the previously announced closing of the deal, initially scheduled for Jan. 20. Once the transaction is finalized, Naturo will become BevCanna’s wholly-owned subsidiary. BevCanna will also own an on-site natural alkaline spring water aquifer, valued at about CA $18 million ($14.1 million). The acquisition brings to the company a mass-market distribution network of more than 3,000 retail points, as well as Naturo’s beverage facility spanning 40,000 square feet, and a 315-acres of outdoor cultivatable land, to name a few.

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