True Leaf acquires OregaPet, a revenue generating company with award-winning medicinal products

ZURICH, SWITZERLAND / ACCESSWIRE / November 21, 2016 / Today, True Leaf Medicine International Ltd. (CSE: MJ) made a substantial announcement by acquiring the assets and intellectual property of OregaPet®, an award-winning Canadian brand of medicinal products for pets, based in Vernon, British Columbia, Canada.

The family-run herbal company has been researching and experimenting with oregano essential oil for almost 20 years, and their love for this herbal extract has led to the development of OregaPet® products. Products from OregaPet® can be purchased not only online at countless distributors, but have been for sale on the shelves of retail stores in Canada for several years, thus generating revenues which now will flow into True Leaf. The company hopes to complete the acquisition by January 1, 2017, and then roll out a refreshed, True Leaf Pet branded line to Canadian and US customers early next spring.

OregaPet® is the first and only brand available in the global marketplace offering the power of oil of oregano in products designed specifically for pets. Oil of oregano’s efficacy is widely known – most commonly as a preventative treatment when the first signs of a cold appear. The herbal oil is known to be an anti-viral and also a powerful anti-microbial that can help fight off infections. OregaPet’s product line has attracted industry recognition for its quality and innovation. OregaPet® Bed and Body Spray has received the 2016 NationalNutrition.ca award for ‘Best Pet Product’ and OregaPet® Oil of Oregano received the 2013 Alive® Consumer’s Choice Silver Award for ‘Best New Product’.

True Leaf CEO Darcy Bomford commented in today’s press-release:

“We saw the potential and jumped at the opportunity to acquire the brand. The full range of products – infused with oil
of oregano – is a perfect complement to our True Leaf Pet supplements. It supports our mission to provide quality of life for people and pets. Consumers are looking for alternatives to strong pharmaceuticals, and we see OregaPet’s® award-winning natural-focused line of medicinal products as an effective and sought-after alternative.”

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/TrueLeaf19en.pdf

English (Webversion):

http://rockstone-research.com/index.php/en/research-reports/2088-True-Leaf-acquires-OregaPet,-a-revenue-generating-company-with-award-winning-medicinal-products

German (PDF):

http://rockstone-research.com/images/PDF/TrueLeaf19de.pdf

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SOURCE: Rockstone Research

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