Business
Isodiol International Inc. Signs Binding Agreement to Acquire 100% Stake in Be Trū Organics™
Isodiol International Inc. Signs Binding Agreement to Acquire 100% Stake in Be Trū Organics™.
About this update from Isodiol International Inc
[{"type":"text","content":"\n\n VANCOUVER, B.C., Dec. 01, 2017 (GLOBE NEWSWIRE) -- Isodiol International Inc. (CSE:ISOL) (OTC:ISOLF) (FSE:LB6A.F) (the “Company” or “Isodiol”), a global Bioactive Phytoceutical innovator specializing in the development of pharmaceutical and wellness products, is pleased to announce that it has entered into a binding agreement to acquire 100% stake in Be Trū Organics™, a cause driven organization specializing in holistic products for everyday health and balance in the human body with the goal to promote well-being within the mind, body, & soul.\n Be Trū is a formulator, marketer, and seller of a proprietary line of hemp extract products. Their offerings, which include topicals, oral sprays and edibles, contain powerful blends of more than 75 organic botanical terpenes and sold under the company’s Be Trū Organics™, Canatrū™, and Cebatrū™ brands. “Isodiol and Be Trū share the common goal of providing consumers with high-quality products that promote physical and mental well-being,” said Marcos Agramont, CEO of Isodiol. “This strategic partnership would further enable us to diversify our product offerings, thus generating additional revenue streams. With both companies committed to being at the forefront of product innovation, this acquisition was an easy decision for us.” Keith Gordon, CEO of Be Trū Organics, stated, “After our first discussion with Isodiol, it was a no-brainer that this partnership would not only be beneficial to both companies, but significantly strengthen our brands to benefit customers. We look forward to scaling our business and connecting with a group of global consumers that otherwise would have been inaccessible.” As part of this agreement, Isodiol will issue Be Trū Organics™ up to $2,000,000 USD in stock, which will be payable at closing with shares of Isodiol’s common stock, valued at the closing price.  This stock will be subject to a 36-month escrow as part of this agreement and anticipated to close within 30 days. For more information on Isodiol, please visit www.isodiol.com For more information on Be Trū Organics™, please visit www.betruorganics.com About Isodiol International Inc. Isodiol International Inc. is the market leader in ...