Hempfusion Wellness

HempFusion Wellness Inc (TSX:CBD.U, OTCQX:CBDHF) said it has sold the assets and operations of its probiotic business, principally supplements sold under the Probulin brand name, under an asset purchase agreement dated November 21, 2022, with Kadenwood Inc, a private Delaware corporation. "Through this sale we have been able to reduce our debt and add operating cash, allowing the continued operation of our core CBD business,” the company said in a statement.» Mehr auf proactiveinvestors.com

HempFusion (TSX:CBD.U, OTCQX:CBDHF) Wellness Inc has reported a strong rise in fourth-quarter and full-year 2021 revenue and said cost-saving initiatives will continue to reduce its operating expenses.  The company said 4Q net revenue increased by 66% to $3.7 million from the same quarter a year earlier.» Mehr auf proactiveinvestors.com

HempFusion (TSX:CBD.U, OTCQX:CBDHF) Wellness Inc has announced a brokered private placement to raise up to US$3.0 million in aggregate gross proceeds. Under the offering led by Research Capital Corporation as the sole agent and sole bookrunner, the company will offer up to 3,000 convertible debenture units at an issue price of US$1,000 per convertible debenture unit.» Mehr auf proactiveinvestors.com