Business
Pond Naturals executes MOU with Toronto Wolfpack's subsidiary, HowlBrands Inc., for the co-development of Astaxanthin sports and wellness products
Pond Naturals executes MOU with Toronto Wolfpack's subsidiary, HowlBrands Inc., for the co...
About this update from Pond Technologies Holdings Inc.
[{"type":"text","content":"\n\n\n\nPond Naturals executes MOU with Toronto Wolfpack's subsidiary, HowlBrands Inc., for the co-development of Astaxanthin sports and wellness products\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Nov. 13, 2019\n\n\n\nCALGARY, Nov. 13, 2019 /CNW/ - Pond Technologies Holdings Inc. (\"Pond\"), (TSX.V: POND) is pleased to announce that its wholly owned subsidiary, Pond Naturals Inc., (\"Naturals\") executed an MOU with HowlBrands Inc. (\"Howl\") on November 8, 2019. Howl, a wholly owned subsidiary of the Toronto Wolfpack Rugby League Football Club (\"Toronto Wolfpack\"), is developing health and wellness products for global distribution under the 'Rugby Strength' brand.  Howl's current focus is on topical sports recovery products that utilize CBD extracts as active ingredients. Pond Naturals is a provider of high-quality ingredients and formulator of sports and health nutrition products. Naturals is also Canada's only producer of Astaxanthin, a clinically studied algae extract known as 'Nature's most powerful antioxidant' shown to aid in cellular protection and sports recovery. Naturals distributes its Astaxanthin through global bulk sales channels and as a consumer-facing wellness and recovery supplement under its 'Regenurex' brand. \nUnder the MOU, Pond Naturals has a 12-month exclusive right to develop products that combine the health benefits of CBD with the sports recovery attributes of Astaxanthin. These Astaxanthin-based products are to be marketed globally by Howl under the 'Rugby Strength' brand, and all products containing Pond Naturals ingredients will include the label 'Powered by Pond'. \nHowlBrands has marketed the Toronto Wolfpack and \"Rugby Strength\" brand across multiple platforms including, print, television, radio and social media to markets around the world.  Howl has recently launched its \"Rugby Strength\" CBD Topical Cream products in the UK with distribution in over 3,000 retail outlets.  Howl's next product launch will include Japan, Australia, New Zealand...