CSE Bulletin: Delist - Thoughtful Brands Inc.
CSE Bulletin: Suspension - Thoughtful Brands Inc.
Thoughtful Brands Announces 10:1 Share Consolidation
Overview
Thoughtful Brands Inc. (CSE:TBI,FWB:1WZ:GR,OTC Pink:PEMTF) is an ecommerce technology company that researches, develops, markets and distributes natural health products through various brands in North America and Europe. Through continuous strategic acquisitions, the company has a strong footprint in the CBD market as well as in the burgeoning psychedelic medicine sector. Thoughtful Brands owns and operates a 110,000 square foot pharmaceutical manufacturing facility in Radebeul, Germany, where its highly skilled team conducts clinical studies utilizing naturally occurring psilocybin and other compounds found in psychedelics for the treatment of opiate addiction and plans for future opportunities to create proprietary psilocybin products.
Thoughtful Brands’ Company Highlights
- Acquired well-established US CBD brand Nature’s Exclusive, which generates revenue and profits.
- Entered into a binding term sheet with ecommerce technology platform leader Unified Funding to further expand ecommerce strategy.
- In Europe, acquired Sativida, an established CBD brand with existing sales and a strong customer base.
- Acquired Verrian, a German-based pharmaceutical manufacturer and psychedelic medicine research company.
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