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MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  Sweet Earth Holdings Corporation    SE   CA87039X1096

SWEET EARTH HOLDINGS CORPORATION

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Sweet Earth : and Thoughtful Brands Inc. Sign Definitive Supply Agreement for Sweet Earth's Organic CBD Dog Treats

09/24/2020 | 08:38am EST

Sweet Earth Holdings Corp. (CSE: SE) (FSE: 1KZ1) ('Sweet Earth') is pleased to announce that it has signed a Definitive Supply Agreement (the 'Supply Agreement') with Thoughtful Brands Inc. ('Thoughtful Brands') to supply dog treats under Thoughtful Brands.

On June 22, 2020Sweet Earth announced a Letter of Intent with Mota Ventures Corp., which has subsequently changed its name to Thoughtful Brands Inc. Under the Supply Agreement, Sweet Earth is to officially become Thoughtful Brands' exclusive dog treat provider, which will be marketed and sold on under the brand name Nature's Exclusive, a key line in Thoughtful Brand's rapidly expanding global natural health products and ecommerce technology platform. Thoughtful Brands selected Sweet Earth as its exclusive dog treat supplier because of Sweet Earth's award-winning farm-to-shelf platform. The Supply Agreement was finalized after it became apparent that both parties are fully committed to providing high-quality certified organic canine treats at an affordable price. Sweet Earth also maintains a portfolio of products that includes facial and body care, men's, spa, hemp, and muscle products that are sold on its website, https://sweetearthskincare.com. The Supply Agreement marks the first time the Company will market products under a different brand. In addition to the parties' mutual commitment to high-quality products, the Company was impressed with Thoughtful Brands' newly formed Ecommerce Tech LLC, a subsidiary operating a powerful ecommerce software platform (recently acquired from Unified Funding's Offer Space LLC). 'We are thrilled to be working with Sweet Earth, a renowned company whose sophisticated hemp-CBD offerings have long been celebrated,' said Thoughtful Brands, Inc. CEO, Ryan Dean Hoggan. 'We are eager to propel the success of their CBD canine products by utilizing our global eCommerce platform and enhanced technology capabilities. We look forward to adding the brand to our portfolio and are hopeful for future collaborations.'

About Sweet Earth

Sweet Earth is a vertically integrated 'farm to shelf' hemp grower with a farm in Applegate, Oregon, that maintains a full line of hemp and CBD products for the US and global market. Its products combine CBD with herbal and organic ingredients, all of which are selected for their beneficial properties to soothe, rejuvenate, and reduce inflammation. In addition to high-end finished products, Sweet Earth prides itself on sustainability by minimizing the use of plastics in both production and packaging. Sweet Earth's in-house genetics team has been working on its own proprietary hemp strain. This strain has been grown in its indoor greenhouse resulting in high yielding CBD rich flower. Sweet Earth products are sold on its website: https://sweetearthskincare.com.

Contact:

Tel: (778) 385-1213

Email: info@sweetearthcbd.com

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SWEET EARTH HOLDINGS CORPORATION -13.92% 0.34 Delayed Quote.107.89%
THOUGHTFUL BRANDS INC. 10.00% 0.055 Delayed Quote.0.00%
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Financials
Sales 2020 - - -
Net income 2020 -3,34 M -2,61 M -2,61 M
Net Debt 2020 1,83 M 1,43 M 1,43 M
P/E ratio 2020 -4,47x
Yield 2020 -
Capitalization 37,7 M 29,7 M 29,5 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float -
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Managers and Directors
NameTitle
Peter Edward Espig Chief Executive Officer & Director
Amrik S. Virk President & Director
Christopher Robert Cooper Chief Financial Officer & Director
Sergio Guzman Independent Director
Leon Ho Director