Vancouver-based Geyser Brands (TSX.V: GYSR) is anticipating a yield
increase of 200% for its third harvest following the recent completion of its
second harvest. Presently, the company is planning to expand its reach in the
industry. An article discussing Geyser reads, “Geyser Brands CEO Andreas
Thatcher discussed (http://ibn.fm/2N6lY)
the company’s intent to establish itself ‘as a leading provider of
health-focused hemp and CBD products in North America, the European Union and
Asia.’ Thatcher noted the company’s pending acquisition of Solace Management
Group Inc., praising Solace Management’s ‘world-class brands’ that include 23
products and 59 SKUs found in up to 3,000 retail locations. . . . Geyser
intends to expand its reach in the industry through additional acquisitions and
is making licensing preparations to accommodate anticipated growth. While
already holding a cultivation license from Health Canada, Geyser Brands has
also applied for processing and sales licenses. After obtaining these key
approvals, the company will be able to ‘legally infuse its expected line of
health and wellness products with cannabinoids.’ These products can then be
sold, both in Canada and abroad.”
To view the full article, visit http://ibn.fm/sGtNX
About Geyser Brands Inc.
Geyser Brands builds health-based, hemp-CBD consumer
products in the nutraceutical, cosmetics, food-and-beverage and pet sectors
worldwide. R&D investment in NanoFusion, a proprietary all-natural
nanotechnology, delivers topical, cream, beverages and baked goods, oil, and
tincture formulations with superior bioavailability and water solubility.
Geyser Brands is a Health Canada-approved licensed producer (“LP”) in Port
Coquitlam, British Columbia, that holds a cultivation license and is
anticipating its processing and sales licenses. The company is exclusively
focusing on leveraging these assets to provide the regulatory infrastructure
for its global brands and distribution strategy, acquiring hemp- and
plant-based brands and infusing them with new CBD product lines in
jurisdictions where the therapeutic ingredient is legal. The company’s
proprietary NanoFusion technology surrounds oils and solves for the
insolubility of CBD. Geyser Brands will utilize its 7,000-square-foot licensed
facility in British Columbia for the manufacturing and international
distribution of its hemp- and CBD-based products. For more information, visit
the company’s website at www.GeyserBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GYSR are available in the company’s newsroom at http://ibn.fm/GYSR
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