Tag: Better Plant Sciences Inc.

Better Plant Announces Entry Into Definitive Merger Agreement

Vancouver, B.C. – April 26, 2022: Better Plant Sciences Inc. (CSE: PLNT) (OTC: VEGGD) (FRA: YG3) (“Better Plant” or the “Company”) is pleased to announce that further to its news release dated February 15, 2022, the Company has entered into a definitive merger agreement on April 26, 2022 (the “Merger Agreement”)  for the reverse merger transaction (the “Transaction”) between FreedomX Metaversive Networks Inc. (formerly called Metaversive Networks Inc.) (“Metaversive”) and the Company.  The Merger Agreement was entered into between the Company, Metaversive and  1233392 B.C. Ltd., a wholly owned subsidiary of the Company (“Subco”).

The Merger Agreement states that  the Transaction will be completed by way of a three-cornered amalgamation between the Company, Metaversive and Subco, pursuant to which Metaversive and Subco will amalgamate to form Amalco and the Company will acquire 100% of the issued and outstanding Metaversive Shares from the holders of the Metaversive Shares in exchange for common shares of the Company on a 1:1 basis. Upon the closing of the Transaction, Amalco will become a wholly-owned subsidiary of the Resulting Issuer.  Pursuant to the completion of the Transaction, the Company is obligated to complete a 2 for 1 consolidation of its stock and change its name from Better Plant Sciences Inc. to FreedomX Metaversive Inc. prior to completion of the Transaction.

The Merger Agreement contemplates that after receipt of all required approvals, the parties will enter into the Amalgamation Agreement to effect the Amalgamation. On completion of the Amalgamation, each previously issued common share of Subco owned by the Company will be cancelled and the Company will receive one common share of Amalco for each common share of Subco held by it. In addition, each previously issued Metaversive Share will be cancelled and each Metaversive Shareholder will receive one Common Share of the Company for each Metaversive Share formerly held by them. The outstanding warrants and options of Metaversive will be exchanged into warrants and options of the Resulting Issuer on an identical basis.

The Transaction  will result in the Company acquiring all of the issued and outstanding securities of Metaversive, and Amalco (which is in substance Metaversive) becoming a wholly owned subsidiary of the Company.  At the conclusion of the Transaction, the largest shareholder of the Resulting Issuer will be Ztudium Limited, a software development company incorporated under the laws of England, and owned by Dinis Guarda, who is the Chief Executive Officer of Metaversive.

Pursuant to the Merger Agreement, the following individuals shall be appointed as directors of the Resulting Issuer at the closing of the Transaction: Dinis Guarda, Hilton Supra and Penny White and the following directors of the Company shall continue as directors of the Company:  Cole Drezdoff and Spiros Margaris. According to the Merger Agreement, at closing of the Transaction, the officers of the Company shall be Dinis Guarda, as Chief Executive Officer, Hilton Supra as Chief Strategy Officer, Penny White as President, Sonesh Sira as VP, Partnerships and Heather Williamson as VP, Corporate Finance and Corporate Secretary.

Each of the Company and Metaversive is permitted to complete a pre-closing equity financing.   The Company may undertake a financing at a price not less than $0.35 per unit for gross proceeds of not more than $6,000,000 or otherwise as the Company and Metaversive mutually agree.  Metaversive may undertake a financing at a price of not less than $0.35 per unit, for gross proceeds of not more than $1,152,299, or otherwise on such terms and conditions as the Company and Metaversive agree.

There are currently 30,993,531 shares issued and outstanding in Metaversive, of which 24,000,100 shares will be subject to 3 year escrow provisions, in accordance with National Policy 46-201.

The closing of the Transaction is subject to a number of conditions, including that a  2:1 consolidation of the Company’s shares be completed, and that a special majority of the Metaversive Shareholders approve the Transaction, and that approval from the Canadian Securities Exchange be granted for the Transaction.

Although the Company and Metaversive have certain directors, officers and shareholders in common, the transaction is not subject to the requirements of Multilateral Instrument 61-101 (the “Instrument”) since it does not constitute a “related party transaction” of the Company under Part 5 of the Instrument and falls within one of the exceptions to the definition of the term “business combination” in Section 1.1 of the Instrument.

The Transaction is anticipated to constitute a fundamental change under Exchange Policy 8, which states that “a fundamental change or change of business of a listed issuer effectively results in a new issuer, such that the existing disclosure record cannot be relied upon to fairly value the company’s securities. A “fundamental change” is a major acquisition accompanied or preceded by a change of control.”

The Company anticipates that its stock will continue to be halted until the close of the Transaction.

About FreedomX Metaversive Networks Inc.

Metaversive is a private technology company in the business of developing a suite of online and mobile products and services to enable organizations and individuals to interact and do business within the Metaverse.

On Behalf of the Board:

Penny White

President, Chief Executive Office, Better Plant

+1 (236) 301-0100

penny@betterplantsciences.com

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the completion of the Transaction; risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19; the potential for not acquiring any rights as a result of the Company’s patent application; risks that any products making use of the intellectual property may be ineffective or the Company may be unsuccessful in commercializing them; that other approvals will be required before commercial exploitation of the intellectual property can happen; demand for the Company’s products; general business, economic, competitive, political and social uncertainties; delay or failure to receive board or regulatory approvals where applicable; and the state of the capital markets.  Better Plant cautions readers not to place undue reliance on forward-looking statements provided by the Company, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release

Better Plant to Complete RTO With Metaversive Networks

Vancouver, B.C. – February 15,  2021: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FRA: YG3) (“Better Plant” or the “Company”) is pleased to announce the execution of a binding letter agreement (the “Letter Agreement”) dated February 14, 2022, with respect to a reverse merger transaction (the “Transaction”) between Better Plant, Metaversive Networks Inc. (“Metaversive”) and 1233392 B.C. Ltd., a wholly owned subsidiary of the Company (“Subco”). The resulting issuer from the Transaction (the “Resulting Issuer”) will carry on the current business of Metaversive.

The Transaction is expected to be treated as a fundamental change in accordance with the policies of the Canadian Securities Exchange (the “CSE”).  As a result, trading in the common shares of the Company is currently halted in accordance with the policies of the CSE and will remain halted until such time as all required documentation in connection with the Transaction has been filed with and accepted by the CSE and permission to resume trading has been obtained from the CSE.

About Metaversive

Metaversive is a private corporation in the business of developing a simulated digital environment in the Augmented Metaverse called FreedomX that will use augmented reality, virtual reality, artificial intelligence, 3D and blockchain, along with concepts from social media, to create spaces for rich user interaction and commerce in a digitally simulated v-marketplace world that is integrated with the real world.  The platform is anticipated to be beta launched at www.freedomX.com in May 2022.

Freedomx will be launched as a virtual mall social media metaverse where influencers, creators, brands and everyone can bridge the gap between physical and augmented metaversive experiences with virtual goods, games, avatars while interacting, buying, playing, selling, and ranking products and services. FreedomX is a social impact ESG-based platform that is built with accessibility technology and uses blockchain and AI to certify and create trusted user profiles while keeping data ownership.

The Transaction

Under the terms of the Letter Agreement, the Transaction will be completed by way of a three-cornered amalgamation between Better Plant, Metaversive and Subco, pursuant to which Metaversive and Subco will amalgamate to form one corporation (“Amalco”) and Better Plant will acquire 100% of the issued and outstanding common shares of Metaversive (each, a “Metaversive Share”) from the holders of the Metaversive Shares in exchange for common shares of Better Plant (each, a “BPS Share”) on a 1:1 basis. Upon the closing of the Transaction, Amalco will become a wholly-owned subsidiary of the Resulting Issuer. In connection with the Transaction, Better Plant will reconstitute its board of directors and senior officers and promptly following the closing of the Transaction, Better Plant will change its corporate name and the Resulting Issuer will conduct its business under the new name.

At the conclusion of the Transaction, the largest shareholder of the Resulting Issuer will be Ztudium Inc., a company owned by Dinis Guarda. Ztudium is a leading global maker of industry 4IR Fourth Industrial Revolution technologies and research. Ztudium builds software, research products and service solutions, using blockchain, AI and digital transformation DNA. It creates proprietary leading platforms, software products for businesses and governments. Ztudium is part of the EU AI Alliance and has built a global ecosystem reaching over 10 million people a month and has built a revolutionary set of SaaS and media products.

Although Better Plant and Metaversive have certain directors, officers and shareholders in common, the transaction is not anticipated to be subject to the conditions of Multilateral Instrument 61-101 Protection of Minority Security Holders is Special Transactions.  Consideration for the acquisition of Metaversive will be one post-consolidation share of Better Plant issued for every outstanding share of Metaversive at the time of closing. More details on the consideration and financial information of Metaversive will be provided at a later date.

The completion of the Transaction is subject to the satisfaction of various conditions that are customary for a transaction of this nature, including but not limited to (i) the negotiation of an amalgamation agreement that will supersede the Letter Agreement and set out in full the terms of the Transaction (the “Amalgamation Agreement”); (ii) the delivery of audited financial statements of Metaversive; (iii) the completion of a consolidation of the BPS Shares at the ratio of one (1) new share for every two (2) existing shares; (iv) the approval of the Transaction by a special majority of the shareholders of Metaversive; and (v) the receipt of all requisite regulatory, stock exchange or governmental authorizations and consents, including the authorization and consent of the CSE.

At this time, the Company and Metaversive are in the process of completing their respective due diligence investigations of the other party and anticipate entering into the Amalgamation Agreement on or before March 23, 2022, with the closing date of the Transaction scheduled to occur no later than May 6, 2022. There can be no assurance that the Transaction will be completed on the terms described in the Letter Agreement or at all.

Pursuant to the Letter Agreement, each of Better Plant and Metaversive is permitted to complete a pre-closing equity financing consisting of units for gross proceeds of up to $3,000,000.  Each unit will consist of one share and one half-warrant, with each whole warrant exercisable into one share at a price and for a term to be determined by the parties.  All units that may be issued by Metaversive in advance of the closing of the Transaction will be exchanged into a corresponding number of units of the Resulting Issuer on a one-to-one basis.

Management of the Resulting Issuer

Subject to applicable shareholder and regulatory approval, upon completion of the Transaction, the board of directors and management of the Resulting Issuer will be comprised, in part, of the following individuals:

Dinis Guarda, Director and Chief Executive Officer – Mr. Guarda is regularly featured as “top 1, 5, 10, 20 most influential global personalities by Thinkers360.com and many others’ in technology, blockchain, fintech, AI, smart cities, and social media lists. Mr. Guarda is a keynote speaker in events with governments and runs a Youtube podcast that ranks top 1869 in the World in SocialBlade Tech Rank where he interviewed personalities like the Minister of Science and Technology of Japan. Mr Guarda is a serial entrepreneur and some of his achievements include: creating a bank between Asia, and Africa, Advising strategies and building technologies for governments in Europe, Africa and Asia, and working with the likes of UN, Mastercard, Philips, Barclays, IBM and Hyperloop Transportations among other global organizations and corporations. He is the founder of Ztudium Limited, Citiesabc.com, Intelligenthq.com, fashionabc.com, and OpenBusinessCouncil.org. He has been a guest lecturer in leading business schools like Copenhagen and is the author of “4IR – AI Blockchain Fintech IoT – Reinventing a Nation”, “How Businesses & Governments Can Prosper with Blockchain AI Tech”, and “Metaverse NTFs Uprising – The citiesabc Ultimate Guide To Non-Fungible-Tokens and the web 3.0 new Agora the Metaverse(s)”’. Mr. Guarda’s personal social media and group website outreach have monthly direct access to over 10 million users. He also contributes to and has been featured in CNBC, Forbes, Yahoo and Fortune.

Spiros Margaris, Director – Mr. Margaris is a venture capitalist, futurist, keynote speaker, board member and senior advisor.  He is the founder of Margaris Ventures, and is the first international influencer to achieve ‘The Triple Crown’ ranking (the No. 1 Fintech, Artificial Intelligence (AI) and Blockchain influencer by Onalytica). He was also ranked the global No. 1 Finance Influencer by Refintiv (Thomson Reuters). Mr. Margaris was named The Key Opinion Leader (KOL) in Fintech (Who’s Who in Fintech?) by Onalytica. He regularly appears in the top three positions of established global industry influencer rankings. Two fintech startups he advised have become unicorns (valuations of over $1 billion: wefox and STC Pay). He is a keynote speaker at international FinTech and InsurTech conferences. He also gave a TEDxAcademy Talk and published an AI white paper, “Machine learning in financial services: Changing the rules of the game,” for the enterprise software vendor SAP.

Penny White, Director – Mrs. White’s experience as an entrepreneur includes online music, international film distribution, mobile payments, blockchain technology, crowdsourcing, renewable energy, pharmaceuticals, eCommerce, law and consumer products. She has been recognized on PROFIT Magazine’s W100 list of top Canadian female entrepreneurs. Under her leadership as CEO, her law firm, Bacchus Law Corporation, was in the PROFIT 500 Fastest Growing companies in 2015 and 2016 based on revenues. Penny has extensive experience in capital markets and has been involved in over 100 private to public transactions. She was a co-founder and an initial director and officer of Merus Labs Inc., which had revenues of $111 million in fiscal 2016 and was acquired by Norgine B.V. in July 2017 for approximately $342 million. Penny is recognized as a thought leader and regularly participates as an expert speaker for keynotes and panels on Capital-raising and Fintech, including CryptoHQ, alongside the World Economic Forum in Davos in 2018. Penny has been featured in The National Post, The Globe and Mail, BNN, Chatelaine, Business in Vancouver, Breakfast Television and more. Penny is also a published author for Forbes as a former member of the invite-only, Forbes Technology Council. She has a Certificate in Leading Sustainable organizations and a Certificate in Fighting Climate Change, both from Oxford University.

Hilton Supra, Director – Mr. Supra is the CBDO  and co-founder of Ztudium Limited projects techabc and openbusinessescouncil.org citiesabc.com and its leading technology iDNA, an ecosystem specialized in bridging the best of AI, Fintech, and Blockchain. With more than 30 years of Banking and Asset Management experience in London from Quantitative Asset Management, Capital Markets, Hedge Funds, and Private Equity. Hilton has worked in London for Morgan Grenfell, Deutsche Bank, AXA Rosenberg Investment Management, EIM Fund of Hedge Funds, and Cheyne Capital. Hilton has always been on the leading edge of innovation in banking, capital markets, derivative trading, quantitative asset management, hedge funds, and since 2015 the application of blockchain, AI, and fintech 360 especially in the financial and investment industries.

Additional Information

The completion of the Transaction is subject to a number of conditions, including but not limited to, the acceptance of the CSE and if applicable, shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

No directors or 10% owners of Better Plant have any interest in Metaversive but the Transaction may be characterized as a related party transaction as the President and CEO of Better Plant, Penny White, is a director, shareholder and President of Metaversive.

Investors are cautioned that, except as disclosed in the management information circular or listing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

The securities referenced herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, a person in the United States or a U.S. person (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and any applicable state securities laws, or compliance with an exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

For additional Information on Better Plant Sciences Inc:

Penny White

President, Chief Executive Officer & Director

1-833-515-2677

penny@betterplantsciences.com

About Better Plant 

Better Plant is in the business of selling consumer products.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the completion of the Transaction; risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19; the potential for not acquiring any rights as a result of the Company’s patent application; risks that any products making use of the intellectual property may be ineffective or the Company may be unsuccessful in commercializing them; that other approvals will be required before commercial exploitation of the intellectual property can happen; demand for the Company’s products; general business, economic, competitive, political and social uncertainties; delay or failure to receive board or regulatory approvals where applicable; and the state of the capital markets.  Better Plant cautions readers not to place undue reliance on forward-looking statements provided by the Company, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Better Plant Streamlines Operations

Vancouver, B.C. – January 21, 2022: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (“Better Plant” or the “Company”), a wellness company that develops and sells plant-based products, is pleased to announce it has streamlined operations and plans to reduce expenses by discontinuing the brand Urban Juve and discontinuing the Jusu Bar juice business. Better Plant plans to focus its resources in the near term on the Jusu Wellness line of products. It also plans to look at potential acquisitions and other opportunities to build value for shareholders.

Urban Juve Provisions Inc. a wholly owned subsidiary of Better Plant, which has been selling  the Urban Juve ayurvedic inspired line of 11 skincare products and two hand sanitizer products, will take all of its product offline, and the brand Urban Juve will be discontinued. Urban Juve formulas and other intellectual property will be transferred to Jusu Wellness Inc., another wholly owned subsidiary of Better Plant. Jusu Wellness currently makes and sells over 40 plant-based products, including cleaning products, skin care products and body products.

With the assets from Urban Juve, Jusu Wellness will have an expanded catalog of formulas and may be able to take advantage of some of Urban Juve’s key account and retailer relationships to grow its business. This past quarter Jusu Wellness added five new retailers including Yes Wellness, The Found House, Echo Wofford, Old Joy Gift Boxes and Fido’s World.

Jusu Bars is winding down it’s juice operations. Operations of Jusu Bar at Cadboro Bay in Victoria, British Columbia will cease in February 2022. Juice manufacturing of new products has ceased, and the online ordering platform will stop selling Jusu juices in January 2022.

Both Urban Juve and Jusu Bars have been money losing businesses and so it’s expected that discontinuing them will improve Better Plant’s financial position by reducing future losses, although there will be a reduction in revenues and some assets may be impaired.

Perry Chua has resigned as Chief Creative Officer, effective January 14, 2022, but will continue to work with Better Plant as a consultant. Better Plant continues to act as an incubator for new businesses by providing branding, marketing, and accounting services to emerging companies. In his role as consultant, Mr. Chua will continue to oversee Better Plant’s creative team in the provision of these services.

About Better Plant Sciences Inc.:

Better Plant has a catalog of hundreds of product formulas and develops, commercializes, markets, and sells over 50 products through the brands Jusu Wellness and NeonMind. Jusu Wellness products are sold direct to consumer goods through Jusu’s online eCommerce platform as well as through a network of online and brick-and-mortar retail stores. Better Plant has a talented team with expertise in digital design, branding, eCommerce, and digital marketing and offers marketing, branding, financial, and other services to companies with emerging businesses.

For more information on Jusu Wellness, visit getjusu.com or follow Jusu Wellness on Instagram or Facebook.

For more information on Better Plant, visit betterplantsciences.com or follow on Instagram, Twitter or LinkedIn.

Penny White, President & CEO

penny@betterplantsciences.com

1-833-515-2677

Investor Relations:

Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

Sales Inquiries:

Amber Allen, Head of Sales

amber@betterplantsciences.com

604-808-8118

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen. Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets. Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Better Plant Adds Neonmind Superfood Mushroom Coffees in the United States on Faire Wholesale Marketplace

Vancouver, B.C. – December 10, 2021: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FRA: YG3) (“Better Plant”) a wellness company that develops and sells plant-based products, is pleased to announce that it’s full line of NeonMind Superfood Mushroom Coffees are now available for purchase by retailers  in the United States (“U.S.”) on Faire Wholesale Marketplace, an online wholesale marketplace.

Faire currently serves over 170,000 independent retailers across North America, representing more retail locations than Marks & Spencer, Boots, Aldi, Starbucks, and Tesco combined.

“Being on Faire will showcase our coffee products  to retailers that are outside of our typical demographic”, says Amber Allen, Director of Sales for Better Plant. “We look forward to promoting NeonMind products on this platform and connecting with many diverse buyers.”

Faire provides a holistic, end-to-end platform that enables independent retailers to build, grow, and run their businesses. Leveraging the Faire platform benefits retailers with perks such as payment flexibility and security, free returns, shipping solutions and data-driven recommendations.

Better Plant owns four NeonMind mushroom coffee blends which are sold in the U.S.: two roasted blends and two instant coffee blends. From improving memory, alertness, and cognitive function to supporting the immune system, eliminating toxins and fighting mental and physical stress, NeonMind’s mushroom coffees put health and wellness at the forefront.

According to a report by MarketsandResearch.com, the global superfoods market size is expected to reach USD 272.47 billion by 2028. Mushrooms that are featured in NeonMind coffees, such as reishi and turkey tail are considered to be popular superfoods due to their healthful properties.

About Faire:

Faire is a curated wholesale marketplace connecting more than 170,000 North American retailers with thousands of emerging and established brands. Faire enables independent retailers to grow their business with the advantages of big box terms and empowers makers to seamlessly build and run their wholesale business. Faire was founded in 2017 and is powered by the idea that the future is local. Faire is backed by investors including Y Combinator, Lightspeed Venture Partners, Forerunner Ventures, Khosla Ventures, Sequoia Capital, Founders Fund, and DST Global. The company is headquartered in San Francisco, Kitchener-Waterloo, and Salt Lake City. To learn more, visit www.Faire.com.

Other News

On November 30, 2021 Better Plant completed the sale of its previously wholly-owned subsidiary, Wright & Well Inc., which held the licensing rights to a cannabis topicals brand in Oregon, U.S., to a non related party for an all cash deal of twenty thousand dollars.

On November 29, 2021 Better Plant changed the nature of its broker representation agreement with Hive Naturals (formerly known as Thank You Merci) that was announced on February 4, 2021. Hive Naturals was engaged to represent Better Plant’s wholly-owned subsidiaries Jusu Wellness and Jusu Bar in Canada and the U.S.. Going forward, Hive Naturals will concentrate its efforts solely on the existing Jusu Wellness accounts with Whole Foods Market and Healthy Planet, Canada.

“Our new relationship with Hive Naturals will allow us to continue to ensure exceptional customer service and to help organically grow sales within these key accounts”, says Amber Allen, Director of Sales for Better Plant.

Better Plant continues to engage Nationwide Natural Foods Inc. as a distributor for Jusu Bar in Canada, and is expanding distribution points for Jusu Bar and Jusu Wellness products through its own in-house sales team.

About Better Plant Sciences Inc.

Better Plant has a catalog of hundreds of product formulas and develops, commercializes, markets and sells over 50 products through the brands Jusu, NeonMind and Urban Juve. Better Plant products are sold through a network of over 150 online and brick-and-mortar retail locations including Whole Foods Market, Pharmasave, Healthy Planet and Vitasave. Better Plant has a talented team with expertise in digital design, branding, eCommerce and digital marketing and offers operational, financial, and other services to companies with emerging and fast growing businesses.

For more information on Better Plant, visit betterplantsciences.com or follow @betterplantsciences on Instagram.

Penny White, President & CEO

penny@betterplantsciences.com

1-833-515-2677

Investor Relations:

Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

Sales Inquiries:

Amber Allen, Director of Sales

amber@betterplantsciences.com

604-808-8118

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen. Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets. Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Better Plant Adds Nationwide Natural Foods To Its Distribution Network

Vancouver, B.C. – November 24, 2021: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FRA: YG3) (“Better Plant”), a wellness company that develops and sells sustainable, plant-based products that are better for health and better for the earth, announces that it has added Nationwide Natural Foods Inc. (“Nationwide”) as a distributor for Jusu Bar juices in Canada.

Nationwide brings with them a seasoned salesforce of 7 account managers with accounts across Canada for major and independent grocery stores focused on delivering clean, natural products that cater to a certain lifestyle. Accounts included in Nationwide’s distribution network include Sobeys, The Jim Pattison Group of Stores, Country Grocer, Whole Foods Market, Nutters, and Sunterra Markets.

“On behalf of my father’s company we are quite excited to be working alongside Jusu Juice to offer retailers some great cold pressed juices that are full of wellness and nutrition to offer their shoppers,” says Randy Sihota, Operations and Business Development for Nationwide. “We’re looking forward to seeing more innovative nutritious creations come out of the Jusu Bar, it all starts from the ground up”.

“Working with Nationwide allows us to capitalize on the wide network of grocery chains they service across Canada”, says Amber Allen, Director of Sales for Better Plant. “Having dedicated representatives in each region ensures our brand presence across Canada. This fits well with our growth strategy to increase distribution for Jusu Bar throughout Eastern Canada.”

 

About Nationwide Natural Foods Inc.

Nationwide is a Canadian owned and operated family business since 2000. Nationwide specializes in the distribution of various domestic and imported products to retailers across Canada. It offers a wide selection of natural, organic, gluten free, vegan and vegetarian products, with products including dry, refrigerated and frozen.

Nationwide is dedicated to providing its customers with the highest level of quality products and customer service in addition to affordable pricing. Purchasing, logistics and distribution are closely monitored to ensure maximum efficiency.

Nationwide has seen a steady growth since 2000 and its goal is for continuous improvement of the services offered to its retailers. Its customer base includes major and independent grocery stores, specialty stores, coffee shops, and bistros.

 

About Better Plant Sciences Inc.

Better Plant harnesses plant intelligence and leverages modern science to offer sustainable, plant-based products that are better for health and better for the earth. It makes and sells over 75 proprietary products, all made with 100% natural ingredients, under the brands Jusu, Urban Juve and Wright & Well.  Better Plant operates Jusu Bar, a quick serve restaurant alternative in Victoria, BC, which serves up fresh, healthy, and nutritious options with a focus on Jusu cold-pressed juices. Jusubar.com offers home delivery of refrigerated plant-based beverages consisting of cold-pressed juices and packaged juice cleanses. Through its Shopify enabled eCommerce sites getjusu.com and urbanjuve.com, Better Plant sells plant-based personal care products and cleaning products. Better Plant products are sold through a network of online and brick and mortar retail locations including Whole Foods Market, Pharmasave, Healthy Planet and Vitasave. Better Plant also offers operational, financial, and other services to companies with businesses that align with Better Plant’s mission to help create a better world.

 

For more information or to purchase Jusu Wellness products, visit getjusu.com or follow Jusu Wellness on Instagram or Facebook.

 

For more information or to purchase Jusu Bar products, visit jusubar.com or follow on Instagram.

 

For more information on Better Plant, visit betterplantsciences.com or follow on Instagram, Twitter or LinkedIn.

 

Penny White, President & CEO

penny@betterplantsciences.com

1-833-515-2677

 

Investor Relations:

Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

 

Sales Inquiries:

Amber Allen, Head of Sales

amber@betterplantsciences.com

604-808-8118

 

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation.  Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements.  Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent  application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen.  Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets.  Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Better Plant To Showcase Jusu Products At Planted Expo Vancouver

Vancouver, B.C. – November 17, 2021: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FRA: YG3) (“Better Plant”), a wellness company that develops and sells sustainable, plant-based products that are better for health and better for the earth, is pleased to announce that it will be an exhibitor at Planted Expo Vancouver (“Planted Expo”). Better Plant will showcase products from Jusu Wellness and Jusu Bar.

 

Planted Expo Conference Details:

Place: Vancouver Convention Centre West Building

Date:  November 20 – 21, 2021

Time: 10:00 AM to 5:00 PM Daily

Tickets: https://www.showpass.com/planted-expo-vancouver-2021/

 

Planted Expo is Canada’s largest plant-based event of the year where over 250 plant-based edible and lifestyle businesses gather to showcase their products and inspirational speakers from around the world share their industry insights. Proof of vaccination is required to attend.

 

About Better Plant Sciences Inc.

Better Plant harnesses plant intelligence and leverages modern science to offer sustainable, plant-based products that are better for health and better for the earth. It makes and sells over 75 proprietary products, all made with 100% natural ingredients, under the brands Jusu, Urban Juve and Wright & Well.  Better Plant operates Jusu Bar, a quick serve restaurant alternative in Victoria, BC, which serves up fresh, healthy, and nutritious options with a focus on Jusu cold-pressed juices. Jusubar.com offers home delivery of refrigerated plant-based beverages consisting of cold-pressed juices and packaged juice cleanses. Through its Shopify enabled eCommerce sites getjusu.com and urbanjuve.com, Better Plant sells plant-based personal care products and cleaning products. Better Plant products are sold through a network of over 150 online and brick and mortar retail locations including Whole Foods Market, Pharmasave, Healthy Planet and Vitasave. Better Plant also offers operational, financial, and other services to companies with businesses that align with Better Plant’s mission to help create a better world.

For more information or to purchase Jusu Wellness products, visit getjusu.com or follow Jusu Wellness on Instagram or Facebook.

For more information or to purchase Jusu Bar products, visit jusubar.com or follow on Instagram.

For more information on Better Plant, visit betterplantsciences.com or follow on Instagram, Twitter or LinkedIn.

Penny White, President & CEO

penny@betterplantsciences.com

1-833-515-2677

 

Investor Relations:

Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

 

Sales Inquiries:

Amber Allen, Head of Sales

amber@betterplantsciences.com

604-808-8118

 

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

 

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation.  Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements.  Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent  application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen.  Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets.  Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Better Plant Congratulates Affiliate Neonmind On Recent Achievements

Vancouver, B.C. – November 10, 2021: Better Plant Sciences Inc. (CSE: PLNT) (OTCQB: VEGGF) (FRA: YG3) (“Better Plant” or the “Company”), a wellness company, congratulated its affiliate NeonMind Biosciences Inc. (“NeonMind”) on its recent achievements and advancements toward its drug development program and planned specialty clinics launch.

On November 8, 2021, NeonMind formed an alliance with SRx Health Solutions (“SRx”). SRx is a leading Canadian specialty healthcare services and medical treatment provider, to establish and operate a network of NeonMind-branded specialty clinics to deliver evidence-backed innovative treatments for a variety of mental health needs. NeonMind will leverage SRx’s nationwide network of over 70 clinics, as well as its operational capabilities, to bring NeonMind’s unique treatment protocols to underserved populations in Canada.

Prior to its alliance with SRx, NeonMind was ranked third in Psychedelia Magazine’s “8 Industry Innovators” segment within the magazine’s inaugural Winter 2022 issue. NeonMind was recognized for its dual approach in bringing psychedelic treatments to patients in need through its anticipated specialty mental health clinic launch and its drug development program for novel obesity treatments.

Better Plant congratulates NeonMind for these advancements toward providing integrated mental health services and delivering evidence-backed, innovative treatments tailored to local market needs. NeonMind is a Better Plant portfolio company with an ownership of 26 percent. NeonMind is listed on the CSE under the ticker symbol “NEON”, and on the OTCQB under the ticker symbol “NMDBF”.

 

About NeonMind Biosciences Inc.

NeonMind operates two divisions: (i) a pharmaceutical division engaged in drug development of psychedelic compounds with two lead psilocybin-based drug candidates targeting obesity; and (ii) a medical services division focused on launching specialty mental health clinics that integrate psychedelic therapeutics into traditional psychotherapy settings.

In its pharmaceutical division, NeonMind has two distinct psilocybin drug development programs targeting obesity. NeonMind’s lead candidate, NEO-001, employs psilocybin as an agonist at the serotonin 5- HT2A receptor, which is involved in the hallucinogenic effect of psychedelics. The Company’s second drug candidate, NEO-002, employs low-dose psilocybin as an agonist at the 5-HT2C receptor, which controls appetite.

NeonMind established a medical services division with the goal of launching NeonMind-branded specialty mental health clinics in Canada that incorporate evidence-backed innovative treatments to address a variety of mental health needs.

For more information on NeonMind, go to  www.NeonMindBiosciences.com.

 

About Better Plant Sciences Inc.

Better Plant harnesses plant intelligence and leverages modern science to offer sustainable, plant-based products that are better for health and better for the earth. It makes and sells over 75 proprietary products, all made with 100% natural ingredients, under the brands Jusu, Urban Juve and Wright & Well.  Better Plant operates Jusu Bar, a quick serve restaurant alternative in Victoria, BC, which serves up fresh, healthy, and nutritious options with a focus on Jusu cold-pressed juices. Jusubar.com offers home delivery of refrigerated plant-based beverages consisting of cold-pressed juices and packaged juice cleanses. Through its Shopify enabled eCommerce sites getjusu.com and urbanjuve.com, Better Plant sells plant-based personal care products and cleaning products. Better Plant products are sold through a network of online and brick and mortar retail locations including Whole Foods Market, Pharmasave, Healthy Planet and Vitasave. Better Plant also offers operational, financial, and other services to companies with businesses that align with Better Plant’s mission to help create a better world.

For more information on Better Plant, visit betterplantsciences.com or follow on Instagram, Twitter or LinkedIn.

 

Penny White, President & CEO

penny@betterplantsciences.com

1-833-515-2677

 

Investor Relations:

Alexandra Dumanski

invest@betterplantsciences.com

1-833-515-2677

 

Sales Inquiries:

Amber Allen, Head of Sales

amber@betterplantsciences.com

604-808-8118

 

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

 

Cautionary Statement Regarding Forward-Looking Statements

This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation.  Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements.  Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, brand development, availability of packaging, intellectual property protection, reduced global commerce and reduced access to raw materials and other supplies due to the spread of COVID-19, the potential for not acquiring any rights as a result of the patent  application and any products making use of the intellectual property may be ineffective or the company may be unsuccessful in commercializing them; and other approvals will be required before commercial exploitation of the intellectual property can happen.  Demand for the company’s products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets.  Better Plant cautions readers not to place undue reliance on forward-looking statements provided by Better Plant, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Better Plant expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.