DNA Brands Retains Broker Dealer MD Global Partners as It’s Investment Banker

Rhea-AI Summary

DNA Brands Inc. (OTC PINK:DNAX) has retained MD Global Partners as its lead investment banking advisor. This Manhattan-based firm specializes in M&A and capital markets for small and mid-cap companies, aiming to enhance DNA Brands' financial and management resources.

The company plans to make one final acquisition, expanding its operations after acquiring 954Solar in March 2020. DNA Brands is also exploring partnerships in the cannabis sector, anticipating full federal legalization within 18-36 months, which could provide a competitive edge.

Positive

• Retained MD Global Partners for investment banking advisory.
• Plans to finalize a key acquisition to strengthen operations.
• Exploring partnerships in the cannabis sector, anticipating legalization.

Negative

• None.

FORT LAUDERDALE, FL / ACCESSWIRE / September 14, 2020 / DNA Brands Inc. (OTC PINK:DNAX) is pleased to announce that the company has retained MD Global Partners, (a Registered Broker Dealer), as it's lead Investment Banking Advisor.

About MD Global Partners: MD Global Partners is a Manhattan-based investment bank and FINRA Registered Broker dealer. Specializing in M&A and capital markets advisory for small & mid-cap companies, they offer their clients a broad range of financial and management resources and provide their clients with premium financing and M&A advisory services, that are generally only available to larger companies.

DNA Brands (DNAX), is a Colorado holding company. At present, it owns all the IP for its two time award-winning Energy Drink, DNA Energy. In March 2020, DNA Brands Acquired 954Solar as a wholly owned subsidiary, creating a solar digital marketing division. The company is looking to make one final acquisition, resulting in a Holding Company with a few operating entities, working for the benefit of shareholders.

DNA Brands has entered into early stage discussions with several cannabis and hemp groups (as potential partners and/or operators) to partner/ joint venture /acquire in states in which cannabis is already permitted.

"We believe that full Federal cannabis legalization is coming within the next 18-36 months." By positioning ourselves early with the appropriate Investment Banking partner, who also brings opportunities to the table, this will give us a major market advantage and allow us to syndicate and fund quickly. Working with our investment network, efforts are continuing to mount as we move forward to closing a cannabis/hemp transaction inside of DNA. "We are very pleased to work with MD Global partners and look forward to the many opportunities they can bring to the table in terms of Advisory, Deal Flow and Investment Banking," stated CEO Adrian McKenzie.

DISCLAIMER

This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All Statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward -Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.

Adrian McKenzie-Patasar
(561) 654-5722
info@dnabrandsinc.com
https://www.thesolarelite.com/

SOURCE: DNA Brands Inc.

View source version on accesswire.com:
https://www.accesswire.com/605897/DNA-Brands-Retains-Broker-Dealer-MD-Global-Partners-as-Its-Investment-Banker

FAQ

What is the significance of DNA Brands retaining MD Global Partners?

Retaining MD Global Partners as an investment banking advisor aims to enhance DNA Brands' financial and management capabilities.

What recent acquisition did DNA Brands make?

DNA Brands acquired 954Solar in March 2020, creating a solar digital marketing division.

What is DNA Brands' strategy regarding cannabis and hemp?

DNA Brands is in discussions to partner or acquire within the cannabis sector as federal legalization is anticipated in the next 18-36 months.

What are the future plans for DNA Brands?

The company aims to finalize another acquisition and expand its operations, particularly in the cannabis market.