Business
First Harbor Capital Enters Letter of Intent to Acquire Award-Winning, Organic Health and Beauty Brand, Bryce Skin Care
First Harbor Capital Enters Letter of Intent to Acquire Award-Winning, Organic Health and Beauty Brand, Bryce Skin Care.
About this update from Annabidiol Corp.
[{"type":"text","content":"\nBOSTON, MA, May 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- AnnaBidiol, Inc. d/b/a First Harbor Capital, Inc. (OTC Pink: ACBD) (or the “Company”) announced today that the Company has signed a Letter of Intent (“LOI”) to acquire all issued and outstanding shares of Bryce Skin Care.\n Bryce Skin Care (formerly Bryce Organics), founded in 2007, is a high-end organic health and beauty line featuring breakthrough products formulated of superfruit stem cells and farm fresh fruit and vegetable purée.  Featured in ELLE Magazine, OK! Magazine, Organic Spa Magazine, and many more, Bryce Skin Care has recently rebranded and developed a dermatologist recommended product line with a retinoid, collagen, and CoQ10 formula proven to help prevent wrinkles by stimulating cell regeneration, while tightening and firming skin. The high-end organic skin care line will continue to incorporate superfruit stem cells and fresh fruit and vegetable purée, keeping with their unique twist on “edible” skin care. Previously competing amongst recognizable brands at Whole Foods, independent retail stores and spas at Four Seasons, Ritz-Carlton and Marriott Hotel properties, this strategic acquisition provides growth opportunities to both companies through access to each others’ clients, contacts and services.  Additionally, Bryce Skin Care plans to launch a handcrafted, CBD-infused luxury skin care line, thus increasing the opportunity for retail sales and wholesale contracts to increase the return on investment. “When launched, this CBD-infused luxury skin care line will help us penetrate the anticipated $22 billion dollar CBD market,” stated Ken Martin, First Harbor Capital’s CEO. “In a millennial-driven boutique skin care market poised for multimillion dollar growth, we are extremely excited with the opportunity to make Bryce Skin Care a household name and are prepared to open great avenues for exposure, capital, investment opportunities, broadening the distribution of products with an immediate global reach.  We are strategizing to gain a vigorous presence and create a dominating footprint in retail strongholds such as Whole Foods Market, and high-end spas within the Four Seasons and Ritz-Carlton branded hotel properties,” stated Adrian Diorio, Br...