DEMAND BRANDS (DMAN) AQUIRES DMR BIOLOGICS AND MIGRAPURE™ ASSETS
31 Oktober 2018 - 1:48PM
InvestorsHub NewsWire
DEMAND BRANDS (DMAN) AQUIRES DMR BIOLOGICS AND MIGRAPURE™
ASSETS
Long Beach, CA -- October 31, 2018 --
InvestorsHub NewsWire -- Demand Brands, Inc. (OTCPK:DMAN), (“Company” or
“DMAN”), a collection of brands and businesses promoting healthy
lifestyles, operating in the Health and Wellness, Cannabis Edibles,
Hemp and CBD industries http://www.demandbrandsinc.com
announced today
that it has signed a Letter of Intent with DMR Biologics, LLC
(“DMR”) to acquire DMR and all of its MigraPure™ breakthrough
Migraine therapy assets http://www.dmrbiologics.com
. The patented
MigraPure™ products are a result of 15 years of research and
development including 4 successful clinical studies. A MigraPure™
Hemp version will also be introduced in the near term. Migraines
are an illness that plagues approximately 20% of all women, 10% of
men and 10% of children and adolescents. The market is substantial
and is expected to grow to $8.7 Billion by 2020.
DMAN is developing a wide variety of innovative
products including gummies, liquid extracts and other Hemp +
Healthy, CBD-infused edibles and Superfoods designed for men,
women, children and pets. The Company will acquire DMR and the
MigraPure™ assets with a combination of stock and cash and the
transaction is expected to be completed within 30 days. Russ
Mitchell CEO of DMR will be joining the Company and will manage the
development, production and distribution of the DMR products and
certain DMAN products in a wholly owned
subsidiary.
Bruce Hannan, CEO of DMAN, said. “We believe that
the MigraPure™ products are truly revolutionary and a great fit for
the Company. The clinical studies have proven its effectiveness on
this illness that so many suffer from and it is ready to go to
market. Russ Mitchell is a respected and experienced inventor and
distributor of homeopathic drugs and supplements and we are
thrilled to have him on the
team”
Russ Mitchell, of DMR added “I am excited to
partner with Bruce and Demand Brands to launch these remarkable
products along with other unique, scientifically validated hemp
fortified treatments designed to help millions of people suffering
from debilitating
diseases.”
About Demand
Brands
Demand Brands, Inc. is associated with an
array businesses and brands consumers have come to know and trust
that market innovative and leading Edibles, Oils, Vapes and
Beverage products and manages ventures in the Hemp + Healthy,
Cannabis/CBD Superfoods and Education and Technology sectors that
promote healthy lifestyles for women, men, children and
pets.
http://www.demandbrandsinc.com
https://www.facebook.com/demandbrands
http://www.twitter.com/demandbrands
https://www.instagram.com/demandbrands/
About DMR Biologics,
LLC.
Our products are
the result of over 15 years of research and development including
both in vitro and in vivo studies. All our studies have been
conducted by world class headache specialists with research and
analysis published in top tier medical
journals. http://www.dmrbiologics.com.
A Company that has your best interests at
heart.
This press release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. In addition to statements which explicitly
describe such risks and uncertainties, readers are urged to
consider statements labeled with the terms "believes", "belief",
"expects", "intends", "anticipates", “projects” "will", or "plans"
to be uncertain and forward looking. The forward-looking statements
contained herein are also subject generally to other risks and
uncertainties that are described from time to time in the company's
reports and registration statements filed with the Securities and
Exchange
Commission.
Contact:
Dale Funk
877-543-4747
info@demandbrandsinc.com
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