Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF)
this morning announced the formation of a strategic alliance between two of its
portfolio companies, Winterlife Inc. and Mary’s Wellness Ltd., to begin a
global cannabis product launch. The two companies are working together to first
launch Mary’s Wellness, a well-known Canadian tea brand, into the US. In
addition to a planned Canadian introduction once CBD edibles are permitted in
the country, Winterlife is also working on its own massive US expansion by
branding a new suite of Winterlife CBD products.
“The emphasis on globalization for Mary’s Wellness signals
Redfund’s commitment to our rapidly growing array of international clients in
our portfolio. Helping companies organically grow and build their valuation by
increasing their revenues has always been at the core of our business
model. We look forward to Winterlife’s national expansion and Mary’s
Wellness launch abroad and both companies looking to the Public Markets for
their own listings in 2019,” Redfund Capital CEO Meris Kott stated in the news
release.
To view the full press release, visit http://ibn.fm/0fQtn
About Redfund Capital Inc.
Redfund intends to provide debt and equity funding in the mid-to-late
stages of a target company’s development or in technologies that are developed
and validated by revenues. The present focus of the merchant bank is on medical
cannabis, hemp and CBD-related and healthcare-related companies. For further
information, visit the company’s website at www.RedfundCapital.com
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