April 15th, 2018 – Vancouver, British Columbia – Tabu Equity Investments Inc. (the “Company”) announces that it’s subsidiary Tabu Life has agreed to acquire a 70% stake in Health Well. Health Well is a health and wellness Company established in Vancouver, Canada to provide individuals with the best quality supplements possible focusing on being proactive in health management and maintenance. Health Well produces protein powders and sport supplements and is presently expanding its product line. Health Well uses natural ingredients and FDA and Health Canada certified products .
The company exports its protein powders, supplements and energy drinks to Asia where there is a growing market for quality products made in Canada. Health Well has recently added a medical grade CBD component to its product line. Tabu Life and Health Well will be developing 20 new SKU’s for retailers, containing high grade CBD and will manufacture some existing products from Health Well’s already established product line. Plans for distribution will be announced at a later date.
Tabu Equity Investments Inc. invests in Canadian ACMPR applicants and licensed United States cannabis technology companies, as well as Canadian based support technologies for the cannabis industry. The company website can be found at: www.tabu.co
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Tabu’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should, aware” and similar expressions, are forward-looking statements. Forward-looking statements may include, without limitation, statements including statements related to Tabu’s transactions and business related to cannabis and future news releases. Although Tabu has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects which
have limited or no operating history and are engaged in activities currently considered illegal under US Federal laws; change in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry; and regulatory or political change.