Omni Health, Inc. Announces 3.7 Million Euro Distribution Agreement Across Europe
13 Dezembro 2017 - 10:48AM
InvestorsHub NewsWire
Miami, FL and Hamburg, Germany -- December 13, 2017 --
InvestorsHub Newswire -- Omni Health, Inc. (OTC: OMHE), a
vertically integrated healthcare company dedicated to the
development of pharmaceuticals, anti-aging products, and biotech
engineering, today announced that its consumer products division
Celebrity Brands, Inc. has entered into a €3,700,000
distribution agreement with MediCann - a premier distributor of CBD
products in Europe.
This new distribution agreement represents the latest step
towards Omni Health multi-year plan of making its next-generation
anti-aging CBD products available for global distribution. Under
the terms of the agreement, Omni Health will be developing and
reformulating some of its existing products for distribution in
more than 22 countries in Europe commencing on March 2018.
Andrey Soloviev, Omni Health Chief Executive Officer, stated:
“We are excited to partner with MediCann which brings long standing
relationships with key distributors in Europe. With a
population of more than 740 million people and a strong consumer
demand for anti-aging and CBD products, European countries
represent an attractive new growth opportunity,” He added: “This
€3,700,000 deal is one of several now in works for further global
distribution and licensing of a very strong portfolio of
formulations Omni Health has developed over the past 4 decades. We
are pleased that there is much here for us to build upon to develop
new market and application opportunities.”
"We are extremely honored to work with Omni Health because
of their decades of experience in bringing innovative healthcare
products to market. We are looking forward to distribute Omni
Health products throughout Europe.” said Carsten SIegemund, CEO of
MediCann.
This latest development strategically positions Omni Health at
the forefront of global CBD consumer goods market, and will further
strengthen its P&L and financial positions.
Safe Harbor Statement
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
as that term is defined in the Private Securities Litigation Reform
Act of 1995. Any forward-looking statements contained herein are
based on current expectations, but are subject to a number of risks
and uncertainties. The factors that could cause actual future
results to differ materially from current expectations include, but
are not limited to, risks and uncertainties relating to the
Company's ability to develop, market and sell products based on its
technology; the expected benefits and efficacy of the Company's
products and technology; the availability of substantial additional
funding for the Company to continue its operations and to conduct
research and development, and future product commercialization; and
the Company's business, research, product development, regulatory
approval, marketing and distribution plans and strategies.
Contact: Andrey SolovievCEOceo@OmniHealth.md
Omni Health (CE) (USOTC:OMHE)
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