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BevCanna Acquires Nutraceutical Firm to Boost U.S. Online Presence
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BevCanna Acquires Nutraceutical Firm to Boost U.S. Online Presence

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BevCanna Enterprises (TSE:BEV) has released an update.

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BevCanna Enterprises Inc., a diversified lifestyle and wellness consumer packaged goods company, has successfully completed the acquisition of Greenflame Distribution Ltd., a health and wellness nutraceutical company, to bolster its U.S. e-commerce expansion. The deal involved BevCanna issuing over 4 million common shares at a deemed price of $0.60 per share, totaling $2.5 million in consideration, with no finder’s fee attached.

For further insights into TSE:BEV stock, check out TipRanks’ Stock Analysis page.

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