Purek Holdings Corp Closes Acquisition Of BudaPets All-Natural Pet Wellness Brand streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Company ) (TSX Venture: PKAN), along with its majority-owned CBD subsidiary company, PureKana, LLC, (
PureKana ), is pleased to announce that, on February 18, 2021, it has closed on its previously announced acquisition on of all of the outstanding membership interests of No B.S. Life, LLC (
No B.S. Skincare ), an industry-leading clean-formula skin care and beauty company. All figures in this news release are in U.S. dollars, unless otherwise indicated.
No B.S. Skincare was founded to provide consumers a clean and environmentally friendly alternative to the excesses of the beauty industry. No B.S. Skincare’s products are made with potent, plant-based and scientifically proven ingredients and – unlike other skincare solutions - with absolutely no harmful chemicals like parabens, sulfates, or phthalates, and no synthetic fragrances. All of their products are responsibly made in America and are never tested on animals.
VANCOUVER, British Columbia, Feb. 01, 2021 (GLOBE NEWSWIRE) PureK Holdings Corp. (the
Company ) (TSX Venture: PKAN), along with its majority-owned CBD subsidiary company, PureKana, LLC, (
PureKana ), is pleased to announce that it has executed a definitive agreement (the
Agreement ) with DTC Brands, LLC (the
Seller ) to acquire all of the outstanding membership interests of No B.S. Life, LLC (
No B.S. Skincare ), an industry-leading clean-formula skin care and beauty company. All figures in this news release are in U.S. dollars, unless otherwise indicated.
No B.S. Skincare was founded to provide consumers a clean and environmentally friendly alternative to the excesses of the beauty industry. No B.S. Skincare’s products are made with potent, plant-based and scientifically proven ingredients and – unlike other skincare solutions - with absolutely no harmful chemicals like parabens, sulfates, or phthalates, and no synthetic fragrances. All of their products are
PureK Holdings Corp Expands Footprint With Global Pet Care Market Acquisition of BudaPets All-Natural Pet Wellness Brand yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
PureK Holdings Corp. (TSXV:PKAN) plans to acquire the BudaPets brand.
The Vancouver company will purchase Nirvana Group LLC, a Florida-based producer and distributor of all-natural pet wellness products.
Under the deal, PureK agreed to issue $1.5 million in unsecured convertible debentures, which bear a 3.25% non-compounding interest per year.
According to Monday s press release, Nirvana members could also receive earn-out compensation of $500,000, which is obtainable in common share if the Florida company s revenue surpasses $1 million for fiscal 2021.
In addition, Nirvana Members are eligible to receive an additional $1 million if its revenue exceeds $2.5 million in 2022.
PureK CEO Kathy Casey said they are excited that BudaPets is joining their existing portfolio pet care portfolio, including PureKana Pet division of the company s CBD subsidiary.