STOCK TITAN

HAVN Life Announces Distribution Deal with Horizon Grocery + Wellness

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Havn Life Sciences has announced a strategic partnership with Horizon Grocery + Wellness, enhancing its distribution network for natural health products. This collaboration will enable Havn Life to reach a wider retail audience, with the first purchase order anticipated in early November. The distribution deal aims to streamline supply chains and boost sales for Havn Life's non-GMO, vegan products formulated to enhance brain health. In addition, another partnership with Well.ca has been established, fortifying its online presence in the health product market.

Positive
  • Strategic partnership with Horizon Grocery + Wellness for wider distribution.
  • Potential increase in retail sales through enhanced distribution network.
  • Partnership with Well.ca boosts online sales opportunities.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / September 21, 2021 / Havn Life Sciences Inc. (CSE:HAVN)(OTC PINK:HAVLF)(FSE:5NP) (the "Company" or "Havn Life"), a biotechnology company pursuing standardized extraction of psychedelic compounds for the creation of active pharmaceutical ingredients that support brain health and enhance the capabilities of the mind, is pleased to announce their partnership with Horizon Grocery + Wellness, Western Canada's leading distributor of organic and natural foods, natural personal care items, and nutritional health supplements (the "Distribution Deal"). Horizon will distribute the full portfolio of HAVN Life's line natural health products, which launched this June. The Company is also pleased to announce that it has recently partnered with Well.ca, one of the biggest online natural health retailers in Canada.

"We are proud to be partnering with Horizon, who will provide a distribution link to hundreds of retailers who prefer to work with Horizon to gain efficiency in their supply chain," says HAVN Life CEO, Tim Moore. "This partnership will allow HAVN Life to accelerate the expansion of our retail footprint and potentially build sales of our natural health product portfolio," he adds.

With this partnership in place, HAVN Life adds to its expanding retail and distribution network, which currently includes Choices Market and Nesters Market locations in B.C., as well as online retailers Well.ca and Amazon.ca and through their own ecommerce site, yourhavnlife.com, shipping to Canada and the U.S.

The first purchase order of HAVN Life products is expected to be placed in early November, in time for Horizon's December Specials Catalogue running November 22nd to December 19th, 2021.

HAVN Life natural health product formulations are non-GMO, vegan, bioavailable, and naturally-derived from functional mushrooms and other plants and created with human optimization in mind. The natural health product line has been thoughtfully formulated with adaptogens and antioxidants to support overall brain health, with natural compounds that are proven to support memory, focus, energy, and overall cognitive function.

On Behalf of The Board of Directors
Tim Moore
Chief Executive Officer

About Horizon Grocery + Wellness
Established in 1976, Horizon Grocery + Wellness is Western Canada's leading distributor of organic and natural foods, natural personal care items and nutritional health supplements. Horizon is known for dedication to logistical excellence, personalized account service, consistent, high fill rates, and commitment to integrity in product selection. Horizon is the supplier of major natural, grocery and independent grocery chains, independent natural health stores, buying clubs, restaurants, cafés and specialty retailers via a fleet of trucks and common carriers.

About HAVN Life Sciences Inc.
HAVN Life Sciences is a biotechnology company pursuing standardized extraction of psychedelic compounds for the creation of APIs, the development of natural health products, and innovative therapies to support brain health and enhance the capabilities of the mind.

Through its research division, HAVN Labs, the company has developed an end-to-end supply chain of standardized, naturally derived psychedelic compounds for research that will define the future of modern medicine. With its new line of natural health products, HAVN Life offers a full range of high-quality mushroom and plant extracts that help boost immune function, reduce inflammation and support a healthy lifestyle.

Purchase our products and find out more at yourhavnlife.com, and follow us on Facebook, Twitter, Instagram and Youtube.

Contact:
Investor Relations:
ir@havnlife.com
604 687-7130

Media: savi@emergence-creative.com
647 896-8078

Forward-Looking Information: This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Distribution Deal, the Company's business, products and future of the Company's business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance and developments to differ materially from those contemplated by these statements depending on, among other things, the risk that the anticipated benefits of the Distribution Deal will be realized as contemplated, or at all, risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE: Havn Life Sciences Inc.



View source version on accesswire.com:
https://www.accesswire.com/664924/HAVN-Life-Announces-Distribution-Deal-with-Horizon-Grocery-Wellness

FAQ

What is the recent distribution deal announced by HAVLF?

HAVLF announced a distribution deal with Horizon Grocery + Wellness to distribute its natural health products across Western Canada.

When is the first purchase order expected for HAVLF products?

The first purchase order for HAVLF products is expected in early November 2021.

How will the partnership with Horizon Grocery + Wellness impact HAVLF?

The partnership is expected to expand HAVLF's retail footprint and enhance sales of its natural health product portfolio.

What types of products does Havn Life offer?

Havn Life offers natural health products that are non-GMO, vegan, and formulated to support brain health.

Is HAVLF partnered with any online retailers?

Yes, HAVLF has partnered with Well.ca, one of Canada's largest online natural health retailers.

HAVN LIFE SCIENCES INC

OTC:HAVLF

HAVLF Rankings

HAVLF Latest News

HAVLF Stock Data

326.45k
27.64M
3.51%
Biotechnology
Healthcare
Link
United States of America
Vancouver