Better Choice Company Continues Expansion into Latin America through MOU for Supply of CBD in Uruguay
NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) -- Better Choice Company, Inc (OTCQB: BTTR) (the “Company”) is pleased to announce that it has signed a memorandum of understanding (“MOU”) with Terrace Inc. (“Terrace”) for the exclusive rights to supply hemp derived CBD from Uruguay to Better Choice for the production of its infused supplements, treats and other products for pets in the Republic of Uruguay.
“Teaming up with Terrace ensures that Better Choice will receive a steady supply of top-quality CBD extract which will support our growing line of Bona Vida products. In addition, our MOU with Terrace enables us to have the resources necessary to meet the increasing demand of CBD products in the pet wellness industry in Latin America,” said Damian Dalla-Longa, Co-Chief Executive Officer of Better Choice Company.
“We are happy to have been chosen to supply Better Choice Company with our hemp-derived CBD in the Republic of Uruguay and we recognize that the pet CBD market yields room for great potential. I look forward to seeing how Damian, Lori, and I can build our relationship and develop ways to tackle the growing CBD industry,” commented Francisco Ortiz von Bismarck, Founder of Terrace.
About Better Choice Company, Inc.
At the foundation of Better Choice Company, Inc. is the belief that good health practices and nutrition contribute to and promote a higher quality of life. Recently, the Company acquired TruPet LLC, an online seller of ultra premium all natural pet food, treats and supplements, with a special focus on freeze dried and dehydrated raw products and Bona Vida, Inc., an innovative emerging CBD platform, focused on developing a portfolio of brand and product verticals within the animal and human health and wellness space. For more information, please visit https://www.betterchoicecompany.com.
Company Contacts:
Better Choice Company, Inc.
Damian Dalla-Longa, Co-CEO
267-608-6603
Better Choice Company, Inc.
Lori R. Taylor, Co-CEO
513-404-7070
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
BTTR@KCSA.com
Media Contact:
KCSA Strategic Communications
Caitlin Kasunich, Senior Vice President
212-896-1241
BTTR@KCSA.com
Released May 9, 2019