on The Market Herald (isin : CA23809L1085)
Justera Health Acquires Port North to Expand Cannabis Market Presence
Justera Health Ltd. has completed its acquisition of Port North Extracts Inc., a well-known solventless cannabis extract brand. This strategic move allows Justera to diversify its product offerings and strengthen its position in the cannabis sector. The acquisition was finalized with the exchange of 80 million common shares of Justera for all issued shares of Port North, with no cash involved.
Port North's CEO, Joshua Herman, has joined Justera's Board of Directors, marking a significant step in integrating the two companies. Justera aims to leverage Port North's reputation and specialized extraction techniques to enhance its health and wellness solutions.
The transaction supports Justera's growth strategy in the cannabis market and its commitment to offering innovative products to customers and shareholders.
R. E.
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