Vancouver-based Geyser Brands (TSX.V: GYSR) is anticipating a yield increase of 200% for its third harvest following the recent completion of its second harvest. Presently, the company is planning to expand its reach in the industry. An article discussing Geyser reads, “Geyser Brands CEO Andreas Thatcher discussed (http://cnw.fm/uQ7MC) the company’s intent to establish itself ‘as a leading provider of health-focused hemp and CBD products in North America, the European Union and Asia.’ Thatcher noted the company’s pending acquisition of Solace Management Group Inc., praising Solace Management’s ‘world-class brands’ that include 23 products and 59 SKUs found in up to 3,000 retail locations. . . . Geyser intends to expand its reach in the industry through additional acquisitions and is making licensing preparations to accommodate anticipated growth. While already holding a cultivation license from Health Canada, Geyser Brands has also applied for processing and sales licenses. After obtaining these key approvals, the company will be able to ‘legally infuse its expected line of health and wellness products with cannabinoids.’ These products can then be sold, both in Canada and abroad.”
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About Geyser Brands Inc.
Geyser Brands builds health-based, hemp-CBD consumer products in the nutraceutical, cosmetics, food-and-beverage and pet sectors worldwide. R&D investment in NanoFusion, a proprietary all-natural nanotechnology, delivers topical, cream, beverages and baked goods, oil, and tincture formulations with superior bioavailability and water solubility. Geyser Brands is a Health Canada-approved licensed producer (“LP”) in Port Coquitlam, British Columbia, that holds a cultivation license and is anticipating its processing and sales licenses. The company is exclusively focusing on leveraging these assets to provide the regulatory infrastructure for its global brands and distribution strategy, acquiring hemp- and plant-based brands and infusing them with new CBD product lines in jurisdictions where the therapeutic ingredient is legal. The company’s proprietary NanoFusion technology surrounds oils and solves for the insolubility of CBD. Geyser Brands will utilize its 7,000-square-foot licensed facility in British Columbia for the manufacturing and international distribution of its hemp- and CBD-based products. For more information, visit the company’s website at www.GeyserBrands.com.
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