Harvest One to Acquire Dream Water
Perth, May 4, 2018 AEST (ABN Newswire) - Harvest One to acquire Dream Water MMJ PhytoTech Limited (ASX:MMJ) ("MMJ") is pleased to note the attached press release by Harvest One Cannabis Inc. (CVE:HVT) ("Harvest One") confirming that Harvest One has entered into definitive agreements to acquire Dream Water, a consumer goods business with operations in the United States and Canada. The acquisition will deliver to Harvest One a ready-made consumer goods marketing, distribution and product development division that is generating around $6 million of annual revenue from its current product lines.
Harvest One intends to expand the Dream Water brands and product lines into the cannabis base within federally regulated markets globally.
To view the Harvest One Release, please visit:
http://abnnewswire.net/lnk/WZ4BD9OZ
About Harvest One Cannabis Inc
Harvest One Cannabis Inc (CVE:HVT) (OTCMKTS:HRVOF) (FRA:2CN) is a global cannabis company focused on delivering high quality, innovative cannabis products and technology to regulated markets around the world. Our shareholders have significant exposure to the entire cannabis value chain through three business units, with Harvest One serving as the parent company over horticultural arm United Greeneries and medical arm Satipharm AG. Harvest One's businesses are all strategically located in favourable jurisdictions with supportive regulatory frameworks in place. United Greeneries has a Canadian ACMPR cultivation and sales license, making Harvest One a unique global company with the capacity to commercially cultivate and sell medicinal grade cannabis in a federally regulated environment.
About MMJ Group Holdings Ltd
MMJ Group Holdings Ltd (ASX:MMJ) is a global cannabis investment company. MMJ owns a portfolio of minority investments and aims to invest across the full range of emerging cannabis-related sectors including healthcare, technology, infrastructure, logistics, processing, cultivation, equipment and retail. For MMJ's latest investor presentation and news, please visit: https://www.mmjphytotech.com.au/investors/
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