Verus International Inc (VRUS)

[BAD HEMPER]

“This is a great acquisition for Verus, because it gives us a 100% U.S. business channel and has the potential to scale up significantly over time,” explained Verus CEO, Anshu Bhatnagar. “These types of licenses come with built-in loyalty, because the product will bear the MLB logo and the signature name and emblem of the local team. In 2019, we intend to start distributing products to a handful of teams, with the goal to roll out products featuring all 30 teams as we build out our new business segment.”