Better Choice is Encouraged by the Potential DEA Reclassification of Marijuana
Better Choice Company (NYSE: BTTR) is encouraged by the potential DEA reclassification of marijuana. The company's subsidiary, Bona Vida CBD Dog and Cat treats, remains a significant asset with promising benefits. Chairman Michael Young is optimistic about the evolving regulatory environment in the cannabis industry.
Potential DEA reclassification of marijuana could benefit Better Choice Company.
Bona Vida CBD treats and chews, a subsidiary of Better Choice, offer significant benefits to pets.
Chairman Michael Young is optimistic about the evolving regulatory reform in the cannabis industry.
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Bona Vida CBD Dog and Cat treats remains a wholly-owned subsidiary of Better Choice
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- Better Choice Company (NYSE: BTTR) (“Better Choice” or “the Company”), a pet health and wellness company, is encouraged by the potential DEA reclassification of marijuana.
Michael Young, Chairman of Better Choice Company, commented, “As the environment for the cannabis industry continues to evolve, we look forward to watching the evolution of regulatory reform. Bona Vida CBD treats and chews, a wholly owned subsidiary of Better Choice, continues in our view to have significant benefits to dogs and cats. We look forward to re introducing our CBD treats and chews back into the market when appropriate.”
About Better Choice Company Inc.
Better Choice Company Inc. is a rapidly growing pet health and wellness company focused on providing pet products and services that help dogs and cats live healthier, happier and longer lives. We offer a broad portfolio of pet health and wellness products for dogs and cats sold under our Halo brand across multiple forms, including foods, treats, toppers, dental products, chews, and supplements. We have a demonstrated, multi-decade track record of success and are well positioned to benefit from the mainstream trends of growing pet humanization and consumer focus on health and wellness. Our products consist of kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products and supplements. Halo’s core products are made with high-quality, thoughtfully sourced ingredients for natural, science-based nutrition. Each innovative recipe is formulated with leading veterinary and nutrition experts to deliver optimal health. For more information, please visit www.betterchoicecompany.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Further information on the Company’s risk factors is contained in our filings with the SEC. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Company Contact:
Better Choice Company, Inc.
Kent Cunningham, CEO
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
T: 212-896-1254
Valter@KCSA.com
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