Nutriband Inc. Completes Acquisition of Transdermal Manufacturing Business for $7.5M

Nutriband Inc. (OTCQB: NTRB), a Nevada Corporation, announced that it has completed the acquisition of Pocono Coated Product’s Transdermal and Health product manufacturing business effective August 31, 2020. Pocono Coated Products was established in 2004 with a focus on the manufacturing of custom coated products and providing manufacturing and development services for 3rd party partners. One main area of focus for Pocono is on transdermal and topical product manufacturing, The acquisition also includes the simultaneous acquisition by Pocono of Active Intelligence, LLC a veteran-founded company and the manufacturer of Active Intelligence kinesiology tape.

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Source: https://www.prnewswire.com/news-releases/nutriband-inc-completes-acquisition-of-transdermal-manufacturing-business-for-7-5-million-301122759.html

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