Business
Delivra Health Brands Sells Its Lucky Lake Facility in Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - December 28, 2022) - Delivra Health Brands Inc. (T...
About this update from Delivra Health Brands Inc
[{"type":"text","content":"Delivra Health Brands Sells Its Lucky Lake Facility in SaskatchewanVancouver, British Columbia--(Newsfile Corp. - December 28, 2022) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) (\"Delivra Health\" or the \"Company\"), a consumer packaged goods leader uniquely positioned in the health and wellness sector, announced today that its wholly-owned subsidiary, United Greeneries Holdings Ltd., has sold and transferred the title of its Lucky Lake Facility in Saskatchewan (the \"Facility\") effective as at December 28, 2022, to a third party in Saskatchewan for total aggregate consideration of $3,000,000.Gord Davey, President and CEO of Delivra Health said, \"This transaction immediately strengthens our position in the market place by providing working capital to further develop our leading brands Dream Water™ and LivRelief™. The Company will use the proceeds of this transaction to expand distribution, brand awareness, innovation and marketing initiatives to accelerate the growth and profitability of the Company.\"About Delivra Health Brands Inc.Helping people take control of their health with alternative wellness solutions is what energizes the Delivra Health team! The Delivra Health portfolio features innovative brands like Dream Water™ and LivRelief™, which deliver relief from common everyday issues like chronic pain, anxiety, and sleeplessness. Delivra Health products have allowed millions of customers to reclaim their mobility, energy, and in turn, quality of life. The websites of the Company's two subsidiaries are  Dream Water™ and  LivReliefTM. For more information, please visit  www.delivrahealthbrands.com. Cautionary Note Regarding Forward-Looking StatementsThis news release contains \"forward-looking information\" and \"forward-looking statements\" (collectively, \"forward-looking statements\") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates, and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as \"expects\",...