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even with good trading, when something falls as much as this has, its tough to make money. That said I did step in to buy at 20 cents this morning on yet another high volume downdraft, and to sell at 30 cents a little later in the afternoon with that spike out of nowhere based on the news put out.
nonetheless, I am severely disappointment in the performance of this company both revenues, profitability, and of course share price, but will continue to persevere, I just feel the price is so damned cheap.
Better Choice Announces Implementation of Re:Amaze AI Beta Chat Bot, a GoDaddy Brand
June 01 2023 - 03:58PM
GlobeNewswire Inc.
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Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, today announced it has selected Re:Amaze to assist in customer retention and acquisition for its Halo Brand of dog and cat food.
“Not only will the AI based chat bot allow us to better serve and retain customers, we believe there will be higher retention rates,” commented Michael Young, Chairman of Better Choice.
Try out the new chat window at https://halopets.com/
I am baffled by the price action on this company with what they have, market cap is now 1/3 of revenues, granted they burn about 5 mill/quarter but supposedly improving operations. I mean what changed, its not like the burn rate went up. Anyway I have been accumulating down to the current price, I'd like to go in heavier right here actually, depends on cash position.
fantastic washout down to 1.30 and I bought all the way down, now taking some profits but with a bear market looming even oversold companies like BTTR can go lower, they all can, be careful. I would continue selling lightly on further rally and buy back if it collapses again, anythings possible, but I like the company and what they are doing and insider action, though the CEO just left which was interesting.
its been good trading the last 6 months and its time to pick up more after this dump on Friday. Insiders are continuing to buy as well, good time to get aggressive on the buy side.
I totally agree I always buy the dumps. They are operating on all cylinders now. We just need a better mkt. Insiders are blacked out now. If they weren’t I suspect they would be buying.
BTTR continues to be a great trade in the 2 - 3 dollar range, I just need to use larger quantities. Right now its a fantastic buy. The insiders have continued to buy, albeit not at great prices for them, probably have restrictions in place as well.
After selling whatever I had in December, the price has collapsed and I see this is a fantastic buying opportunity and am trying to accumulate up to 3000 shares maybe more we'll see. Look at the insider transactions, people paid much higher prices telling me they certainly think its worth a lot more than a couple bucks where it sits now. company has great cash position, great products, it's all good.
Why pay for IR when the results are this pathetic? BTTR went from $9 when this was announced to $3.81. Six figures wasted. https://www.globenewswire.com/en/news-release/2021/02/17/2177528/0/en/Better-Choice-Company-Retains-Emerging-Markets-Consulting-LLC-EMC-and-Winning-Media-to-Provide-Investor-Public-Relations-Services.html
Suspect? The price drops after the offering and they are taking advantage of the drop in price. Seems smart investment to me and I am happy to see as a shareholder.
Insiders buy offering at huge discounts then the company does stock buyback? Seems suspect to me.
I totally agree look at the insider buys last week and they announced a buy back. I think this is a great buy at this levels.
Three years of trading BTTR off and on and I just realized I never post here. Made around $7K lifetime so far, not bad considering where i started with it. I believe in the company and that this is an excellent entry point if yu have funds, currently holding this years purchases at avg $3.94 - didnt think it would collapse as much as it did after they did the reverse split.
which is almost exactly the amount of dilution shareholders incurred. the company is not worth less but there are 45% more shares after the offering.
They priced the offering at five dollars. Get it while you can at a discount. Is this worth 45% less than it was yesterday as a company, absolutely not.
BTTR moved to the NYSE AMEX from the OTC:
https://otce.finra.org/otce/dailyList?viewType=Deletions
BTTR one for 6 reverse split. **PPS closed at $1.23
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
250% in 6 months... I’ll take it and move on. Better things to be in imo.. gl
I predict delisting to the grey sheets for promotion without disclosure on FB
I sold it when they announced a stock buyback and a couple other things that didn’t make sense imo. From under .50 to 1.50. It was a good trade. Moved on...
They have an ad on FB, are they nuts?
BTTR ceo talks of uplisting at the about the 7:00 minute mark. Obviously would be a HUGE positive event!
BTTR brings in experience for VP of Marketing as sales ramping....
NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (“Better Choice”) (the “Company”), an animal health and wellness company, announced today the appointment of Ryan Wilson as the Company’s new Vice President of Marketing.
Ryan Wilson is a consumer products marketing leader with over 13 years of experience in the consumer-packaged goods industry, having previously worked for Merrick Pet Care, Abbott Nutrition, Nestle Purina and Kimberly-Clark. Mr. Wilson has a passion for leading consumer products brands that have a positive impact on consumers’ and pets’ lives. He has helped lead both revenue and profitability expansion across the Merrick, Zukes, Castor & Pollux, Whole Earth Farms and Tidy Cats pet brands.
Scott Lerner, CEO of The Better Choice Company, stated, “Ryan’s experience in working with some of the most successful brands in the Pet Industry will be invaluable to us in our continued efforts to market Better Choice Company’s brands into the healthy pet and wellness market place. Having helped the profitable expansion for several major brands, Ryan’s knowledge and forward thinking are just what we need as we head into our expansion cycle.”
Ryan’s successes include turning around a declining Zukes brand, driving over 44% growth within 2 years. Additionally, Mr. Wilson launched Merrick Fresh Kisses – the Pet Specialty Industry’s most successful treats innovation since 2014, resulting in a 2018 Pet Age Vanguard Series Award for Leaders in the Pet Industry. Ryan was also responsible for doubling the profitability of Castor & Pollux – the industry’s leading organic pet food brand – and leading a brand restage on the Whole Earth Farms brand.
Ryan Wilson received his undergraduate degree in Marketing and his MBA in Brand and Product Management at The University of Wisconsin – Madison.
Michael Young, Chairman of The Better Choice Company, commented, “We are excited to have another strong player join our team and start putting pucks in the net. Ryan will be relocating to Nashville with his family. We welcome him and his family to Nashville as we continue to build our ever growing presence in Nashville.”
https://www.globenewswire.com/news-release/2021/02/01/2167297/0/en/Better-Choice-Company-Announces-Ryan-Wilson-Vice-President-of-Marketing.html
Better Choice Company Interview to Air on Bloomberg International on the RedChip Money Report
Better Choice Company, Inc.
January 29, 2021, 9:40 am
NEW YORK, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (BTTR) (“Better Choice”) (the “Company”), an animal health and wellness company, today announced an interview with Chairman Mike Young will air on The RedChip Money Report television program. The RedChip Money Report airs in 100 million homes on Sundays at 6 p.m. local time in every country in Europe on Bloomberg International.
To view the interview segment, please visit:
Better Choice Company Appoints Jenny Condon as Executive Vice President of Digital Sales
Innovative Digital Commerce Veteran Joins Dynamic Sales Team
NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (“Better Choice”) (the “Company”), an animal health and wellness company, announced today the appointment of Jenny Condon as the Company’s new Executive Vice President of Digital Sales.
Jenny Condon is a digital commerce leader who knows how to build successful and profitable businesses. Her leadership and strategic direction grew Merrick Pet Care online sales to $130 million in 2019, a 30% CAGR in 5 years. Her focus on the consumer, financials, and analytics sets her apart with retail partners. During her time at Merrick, Jenny helped the organization to grow sales not only online, but in store as well, with her focus on strategic innovation, marketing, pricing policies and relationship development.
Scott Lerner, CEO of The Better Choice Company stated, “Jenny will be key in building the direct-to-consumer platform TruDog.com as well as building the growth strategies and plans for Halo Pets through all online channels, retailers and direct. Her understanding of digital commerce is second to none, and I look forward to working with Jenny and our team as we continue our mission to drive Better Choice Company’s amazing products into health minded pet owners’ households everywhere.”
Jenny not only knows how to sell through marketplaces and platforms like Amazon, Walmart, Instacart and Chewy, she has successfully built her own direct-to-consumer business and was instrumental in the development of Lands’ End.com when the consumer was shifting to online vs. catalog call in.
Most recently Jenny was head of E-Commerce and Shopper Marketing for Mizkan America, over $1 billion in annual revenue, which includes brands like Ragu, Bertolli, Nakano, Holland House and others. A new role to the organization, Jenny successfully built the go-to-market structure and roadmap to tackle competitive market share and a profitable business through online grocery platforms, using a holistic digital to shelf strategy.
Jenny is trained in leadership with a coaching certification from Institute for Integrative Nutrition, and an MBA from the University of Wisconsin-Madison. She is passionate about all things digital and is constantly learning and growing.
Michael Young Chairman of better choice comments, “We are excited to be able to continue to attract talent such as Jenny to the Better Choice Team. We have and continue to build a world class team that will deliver value for all stake holders of better choice.”
https://www.globenewswire.com/news-release/2021/01/25/2163478/0/en/Better-Choice-Company-Appoints-Jenny-Condon-as-Executive-Vice-President-of-Digital-Sales.html
BTTR expanding!....
Better Choice Company Announces Strategic Investment of $2.7 Million, Co-Lead by Insiders and Management
Proceeds to Enhance Expansion of Innovative Portfolio Including Vegan and CBD Lines
NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (“Better Choice”) (the “Company”), an animal health and wellness company, today announced the closing of a $2.7 million strategic investment, which will have 50% + participation from existing insiders and management. Use of proceeds will be used to expediate the expansion of innovative new portfolio offerings such as Vegan, CBD and Ultra-Premium product lines, all of which are expected to quickly intensify.
Scott Lerner Chief Executive Officer of Better Choice Company stated, “This latest round of funding further accelerates our timeline for growth in becoming the most innovative premium pet food company in the world. It is exciting to see our internal management team invest alongside strong equity partners as it shows a commitment to the future success of the Better Choice Company.”
Michael Young Chairman of Better Choice Company stated, “With the momentum created by our positioning within the escalating animal health and wellness sector, we are pleased to be in position to be able to cultivate both existing and new relationships for funding needed to ensure our ability to capitalize on these growing trends. We continue to be approached by investment groups who believe in our mission and who agree with current investors, management and insiders that our present valuation remains extremely discounted to like competitors. As Better Choice Company continues to expand our offerings into quickly growing, strategic areas such as Vegan, Premium, Ultra-premium and CBD, our ability to access needed growth capital is imperative. This equity investment led by insiders at $1.25 underpins the growing value of Better Choice.”
https://www.globenewswire.com/news-release/2021/01/19/2160604/0/en/Better-Choice-Company-Announces-Strategic-Investment-of-2-7-Million-Co-Lead-by-Insiders-and-Management.html
So this seems to have market the bottom for BTTR. It was .50 then. With new CEO see if this can finally get over $2...
BTTR gets new CEO....
https://www.globenewswire.com/news-release/2021/01/04/2152620/0/en/Better-Choice-Appoints-Consumer-Packaged-Goods-Industry-Veteran-Scott-Lerner-as-New-CEO.html
Better Choice Appoints Consumer Packaged Goods Industry Veteran, Scott Lerner, as New CEO
With over 20 years of experience in the consumer packaged goods industry, Mr. Lerner has previously held positions at PepsiCo, ConAgra Foods and Kimberly-Clark
NEW YORK, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQX: BTTR) (“Better Choice”) (the “Company”), an animal health and wellness company, today announced that its Board of Directors has appointed Scott Lerner, as the Company’s new Chief Executive Officer, effective January 1, 2021. Mr. Lerner replaces Werner von Pein, who helped lead the highly successful integration of the Halo Brand with the other portfolio companies at Better Choice.
Michael Young, Chairman of the Board stated, “We are extremely pleased to announce that our search for the right CEO has culminated in us hiring Mr. Scott Lerner. Scott is a former United States Marine Corps Officer and extremely successful consumer-packaged goods industry veteran who brings to Better Choice Company an incredible track record of building successful brands while expanding stakeholder value.” Mr. Young continued, “This transition comes at exactly the right time for Better Choice Company as we have now successfully integrated our brands and look to continue to deliver on our plan to be a major player in the burgeoning animal health and wellness sector. On behalf of the Board of Directors we wish to thank Werner von Pein for his incredible leadership and support.”
Scott Lerner is a consumer products veteran with over 20 years of experience in the consumer-packaged goods industry, having previously worked for PepsiCo, ConAgra Foods and Kimberly-Clark, where he managed iconic brands such as Naked Juice, Quaker Oats, Scott Tissue and Parkay Margarine. In 2008, Scott created his own beverage brand called Solixir, resulting in a successful exit in 2014. Following the sale of Solixir, Scott partnered with the private equity group VMG partners to become the CEO of Kernel Season’s, where he introduced new product lines, increased profitability by 30% and oversaw the sale of the company to Highlander Partners. Mr. Lerner comes to Better Choice fresh from his highly successful role as the CEO of food brand Farmhouse Culture, where he partnered with private equity investors to reposition the brand in order to capitalize on growing health and wellness trends.
Mr. Scott Lerner, incoming CEO, stated, “I am excited and thankful for the opportunity to join what I believe is an incredibly well positioned company in one of the fastest growing market segments, and to be able to lead Better Choice through the next phases of its stated mission to provide alternative, nutrition-based pet products and services that help dogs and cats live healthier, happier and longer lives. As both a consumer products expert and a pet-parent, the pet food industry is undergoing many of the same changes that I successfully navigated at Farmhouse Culture and other food brands in the past.” Mr. Lerner continued “I am eager to apply my knowledge of the packaged goods industry in order to help drive growth and create substantial market share for our wonderful products. I look forward towards building programs that will showcase Halo and TruPet’s natural and functional benefits, while also focusing on new product innovation that meets and exceeds the ever-changing consumer needs. I believe that through accomplishing this mission we will continue to build shareholder value and explore all growth opportunities available to us.”
could go to $2 like Bttr.....
There was a seller that they were talking about. Looks like they might’ve cleaned some of thst up.
Good close today. See if we can get back to 2ish..
BTTR presenting this afternoon
Better Choice Company to Present at LD Micro Main Event Virtual Conference on December 14th
https://www.globenewswire.com/news-release/2020/12/10/2143398/0/en/Better-Choice-Company-to-Present-at-LD-Micro-Main-Event-Virtual-Conference-on-December-14th.html
Better Choice Showing Opportunity for Substantial Monetary Savings from Consolidation of Fulfillment Operations
NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) — Better Choice Company (OTCQB: BTTR) (“Better Choice”), an animal health and wellness company is pleased to announce that it has identified an additional ~$330,000 of annualized synergistic savings via the consolidation our warehouse and fulfilment operations to a third party logistics facility located just outside of Nashville, TN. The consolidation was finalized in October 2020. During the nine months ended September 30, 2020, Better Choice reported $274,000 of synergistic savings related to the consolidation of warehouse and fulfillment operations, reflecting savings that would have been achieved had the consolidation taken place as of January 1, 2020.
Michael Young, Chairman of Better Choice, stated, “In direct correlation to our overall growth strategy which includes both organic growth of our top selling existing brands Halo and Tru-Pet, as well as growth by acquisitions, our team quickly recognized and acted on the need for consolidation. This was accomplished through the economies of scale of bringing the distribution of the brands together while positioning for greater overall capacity.” Mr. Young continued, “We are extremely pleased with the potential to reinvest these savings into our high growth areas such as Asia and Direct to Consumer in order to further stimulate our growth.”
https://forextv.com/top-news/better-choice-showing-opportunity-for-substantial-monetary-savings-from-consolidation-of-fulfillment-operations/
btw BTTR also has a CBD element to it. i believe they have CBD in a version of pet food. not sure. only mentioning since news that cannabis legalization is going to be voted on the floor of house
Frankly even if they had to wouldn’t be a concern. One of the few reasons a reverse split is acceptable IMO.
Thank you
only if they needed to for uplisting. which i expect price appreciation will take care of that so it won't be needed.
A writer here posted recently regarding a reverse split
Might you be able to confirm?
Good skinny. Thank you mate
gl. this is cheap and the chart is awesome looking. not as undervalued as WINRD imo but its still really cheap. i get excited when i find cheap smalls growing 100%+ across board.
YES!! Went back to look. Much better. Will continue DD
Thanks mate
33M maybe... this is cheap. trades 2x sales vs FRPT which trades 20x.
insiders own more than 50%. just completed insider led financing.
grew revs 183%. starting subscription DTC business in China after recently getting license to do business there. just couple days ago Better Choice's "Halo® Garden of Vegan®" Named "Best Dog Food" by VegNews.
just a few highlights i know of
Started my DD per your suggestion.
Am I reading the last 10Q right? 33k in sales for the first 9 months?
BTTR closes above $1...
Better Choice’s “Halo® Garden of Vegan®” Named “Best Dog Food” by VegNews
Plant Based Meat Substitute Market Now Quickly Expanding to Pets
NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Better Choice Company (OTCQB: BTTR) (“Better Choice”), an animal health and wellness company is proud to announce that Halo® Garden of Vegan® has been a recipient of prestigious VegNews Veggie Award for “Best Dog Food” by VegNews.
Dog moms and dads love Halo® Garden of Vegan® for dogs with protein sensitivities, if they want to include their dog in their vegan lifestyle, or if they want to combat climate change by reducing their carbon pawprint. Made with plant-based protein from whole grains, green peas and chickpeas, and non-GMO fruits and vegetables, Halo’s vegan dog food is complete and balanced, and made without any of the leading allergens, including meat, dairy, corn, or wheat. Garden of Vegan® is also made without fillers like rice.
Michael Young, Chairman of Better Choice, commented, “Following the very rapid movement by healthy humans towards plant based (Vegan) diets through brands such as Beyond Meat (BYND) and Impossible Foods, we are now seeing that same trend quickly extend into the healthy pet food sector, and we are proud to be among the first companies to offer top quality “Vegan” products to help meet this demand.”
Mr. Young continued, I am extremely proud of our team here at Better Choice for their forward thinking and quick work in developing these award-winning proprietary formulas. In response to Garden of Vegan®’s positive feedback, Halo® is also planning to release a second Vegan line, Ocean of Vegan® which it anticipates will be featured on Amazon.com and Chewy.com, as well as other outlets.”
https://www.globenewswire.com/news-release/2020/11/24/2132824/0/en/Better-Choice-s-Halo-Garden-of-Vegan-Named-Best-Dog-Food-by-VegNews.html
BTTR eps out! REVS UP 183%!..
NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (OTCQB: BTTR) (the “Company” or “Better Choice”), an animal health and wellness company, today reported its financial results for the third quarter ended September 30, 2020.
“We are very excited to share our third quarter 2020 results with the investor community. 2020 has been a “banner year” for Better Choice and we are excited to be a leader in the highest growth areas of the pet food industry as we move into 2021,” said Werner von Pein, CEO of Better Choice.
“We have a strong presence in the highest growth segments of animal health with e-commerce and direct-to-consumer sales representing ~60% of consolidated revenue,” continued Mr. von Pein. “We are uniquely positioned to benefit in the current global environment as consumers move online and we are focused on continuing to convert a large number of our customer base into “sticky” subscription or recurring revenue purchasers. Our international expansion continues to accelerate and represented 27% and 22% of net sales for Q3 and year-to-date, respectively. A strong internal focus on achieving cash flow positivity, managing costs and adopting industry best practices provides a strong foundation for us as we execute on organic growth and evaluate M&A opportunities, with both avenues presenting compelling expansion opportunities.”
Operational Updates
Continued to grow the business throughout the COVID-19 recession, primarily in e-commerce, direct-to-consumer and international (sold through domestic distributors).
Successfully integrating the TruPet and Halo subsidiaries.
Received approval in June 2020 from the Chinese Ministry of Agriculture to ship 15 diets directly to mainland China. Net sales in China were $1.8mm and $3.5mm for Q3 and year to date, respectively, and expect annual revenue in China to be ~$7mm and growing. We expect total international annual revenue to be ~$12mm.
Consolidated warehouse operations in October 2020 into one location, just outside of Nashville, TN.
Raised more than $20mm of equity in October 2020 to support growth and de-lever the balance sheet, including more than $11mm invested by Company insiders.
https://www.globenewswire.com/news-release/2020/11/18/2129100/0/en/Better-Choice-Company-Reports-Third-Quarter-and-Year-to-Date-2020-Financial-Results.html
wonder how long till BTTR's CBD business is noticed in this cannabis rally on Biden decriminalizing?
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About Better Choice Company, Inc.
At the foundation of Better Choice is the belief that good health practices and nutrition contribute to and promote a higher quality of life. Recently, Better Choice entered into definitive agreements to acquire TruPet an online seller of pet foods, flea and tick products pet nutritional products and related pet supplies and Bona Vida, 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.
About TruPet, LLC.
TruPet, LLC and TruDog, a division of TruPet, were founded in 2013 by Lori Taylor. The family-owned animal health company based in Ohio currently employs 52 animal-loving employees. The company began after founder Lori Taylor lost her Great Dane, Truman, to cancer at an early age. Determined to find out why her vibrant dog developed cancer, she set out to learn the truth about pet products. Through her research, she discovered that most commercial products simply do not provide the level of nutrition and quality that dedicated pet parents demand, so she developed her own brand of freeze dried, biologically appropriate raw products for dogs. TruDog is the first division of TruPet LLC, which is currently launching lines of food, supplements, and pet care products for dogs, cats, and horses. The company is named in honor of Truman, the Great Dane who sparked the search for better pet products.
About Bona Vida Inc.
Bona Vida is a developer of a portfolio of brand and product verticals within the animal and adult health and wellness space and plans to become the preeminent player in the hemp-derived CBD industry. Importantly, Bona Vida will only be sourcing CBD from industrial hemp. Bona Vida is developing and operating in the hemp-derived CBD space and will focus on the following markets: Pets (dogs and cats), veterinary, livestock and human health and wellness. For more information, please visit: www.bonavida.com. Bona Vida can be reached at: info@bonavida.com
On March 1, 2019 the Company announced definitive agreements to acquire TruPet LLC and Bona Vida, Inc, and on March 5, 2019 the Company announced the appointment of Damian Dalla-Longa and Lori Taylor as Co-CEOs of the Company.
The Hemp Farming Act of 2018, introduced by Senate Majority Leader Mitch McConnell in March 2018, proposed the removal of hemp from being classified as a Schedule I controlled substance, making it a normal agricultural commodity on the national level. On December 10, 2018, the U.S. House and Senate Agriculture Committees released the text of the bipartisan, bicameral Farm Bill conference report that would progress the bill closer to passage. The Farm Bill would federally legalize CBD extraction from hemp and permit big box retailers to sell CBD products. According to New Frontier, it is estimated that CBD sales will reach $1.2 billion by 2020 as compared to national sales of $367 million thus far in 2018.
JERSEY CITY, N.J., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”) is pleased to announce the appointment of Michael Young as Chairman of the Board of Directors. Mr. Young’s appointment adds extensive industry, executive management and financial experience in the Canadian and U.S. capital markets to the Sport Endurance team. Mr. Young has agreed to join following the filing of the Company’s Form 10-K for the year ended August 31, 2018.
Michael is the founding partner of Cottingham Capital, a Nashville-based investment fund. Prior to joining Sport Endurance’s Board, Michael was the Managing Director and Co-Head of Trading for GMP Securities in Toronto, a leading independent investment dealer that provides investment banking, institutional sales, research, and trading to a global client base.
Michael is an active advisor and resigned on December 1, 2018 as a board member of ICC Labs, a fully licensed producer and distributor of medicinal cannabinoid extracts, recreational cannabis and industrial hemp products. ICC Labs was recently acquired by Aurora Cannabis, Inc. for an aggregate purchase price of approximately C$290 million.
“On behalf of the Sport Endurance team, I am very pleased to welcome Michael as Chairman of the Board. Michael and I shared great conversations on collaborating in an effort to leverage his industry and capital markets experience with the core online marketing expertise of Sport Endurance. Together, we will aggressively explore several interesting growth opportunities in the CBD and medical cannabis industry, both of which Michael is an expert in and has successfully built and sold several businesses recently,” said David Lelong, Chief Executive Officer of Sport Endurance, Inc.
Michael Young, commented, “I am very excited to apply my previous experiences in the hemp and hemp derived CBD industry as well as my business and capital markets knowledge to Sport Endurance. Hemp and hemp based CBD is a very profitable and rapidly emerging industry. Leveraging the core online marketing expertise of Sport Endurance will position the Company to take full advantage of the market opportunity and provide a platform for M&A in the space.”
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