Headlines Hemp Technology Acquires True Leaf Pet True Leaf Pet has over 40 products that will be sold globally. Published 1 month ago on September 17, 2020 By PETS+ Staff Share Tweet LOS ANGELES — Hemp Technology Inc., a publicly traded holding company in the hemp industry, has closed on its acquisition of the assets of True Leaf Pet Inc. “We are very pleased to advise that we have closed the acquisition of our bulk asset purchase of True Leaf Pet and we are eager to execute on the opportunities that presents,” said Michael Shenher, chairman and CEO of Hemp Technology (OTCBB: HPTY). True Leaf Pet is a “global pet care company offering high quality plant-focused wellness products that improve the quality of life for companion animals,” according to a press release. Photo Gallery Get Inspired by These Chew Displays at Indie Pet Stores Photo Gallery New Edibles for Cats, Vegan Bars for Dogs and Toys for the Holidays [GALLERY] Photo Gallery 19 Photos That Show Why Dexter’s Deli Is One of America’s Coolest Pet Stores Financial terms of the deal were not disclosed. Chad Costa, president of Hemp Technology, said: “We will operate using the True Leaf Pet brand worldwide, under our wholly owned subsidiary of Hemp Tech, Pet Health Technology Inc.” True Leaf Pet has over 40 products that will be sold globally, primarily in North America and Europe via e-commerce, distributors and wholesalers and in retail stores, according to a press release. Advertisement Hemp Technology will begin reporting revenue in this subsidiary in its second-quarter 2020 financials. Hemp Technology stated in the release: “HPTY shares TLP’s original long-term vision and strategy for continued growth. With an existing similar pet product division Pettanicals Performance pet supplements and a team that has direct experience with comparable products in the hemp for pet’s industry, HPTY’s understanding of the market is integral to the continued development and support of the True Leaf Pet brand and its goals for product distribution and line expansion.” Related Topics:acquisitionLatest News Top click to Comment(Comment) Advertisement You may like Manna Pro Products Acquires Doggie Dailies Elanco Closes $6.89B Acquisition of Bayer Animal Health FTC Approves Elanco Acquisition of Bayer Animal Health Promoted Headlines Category Spotlight: Terry Naturally® Animal Health Category Spotlight: eTailPet Are You Ready For Adventures Beyond The Backyard? Tall Tails Advertisement Latest Trending Videos Photo Gallery2 days ago Get Inspired by These Chew Displays at Indie Pet Stores Hot Sellers2 days ago Dogs Go Crazy for Polkadog Bakery’s Atlantic Silverside, Plus More Hot Sellers Press Releases2 days ago Zesty Paws Names CFO True Tales6 days ago Employees: Leave Your Pot at Home to Keep Your Job Columns1 week ago 3 Things Customers Want and Need from Pet Businesses Photo Gallery2 days ago Get Inspired by These Chew Displays at Indie Pet Stores Trace's Store School3 days ago Video: Trace’s Store School Covers Lessons Learned from COVID-19 America's Coolest3 weeks ago Video: Take a Tour of Bark Life in Seminole, FL Trace's Store School3 weeks ago Video: Learn How to Do Holiday on a Budget at Trace’s Store School Advertisement SubscribeBULLETINS Get the most important newsand business ideas from PETS+. Advertisement Most Popular True Tales6 days ago Employees: Leave Your Pot at Home to Keep Your Job Columns1 week ago 3 Things Customers Want and Need from Pet Businesses Photo Gallery2 days ago Get Inspired by These Chew Displays at Indie Pet Stores Photo Gallery6 days ago 19 Photos That Show Why Dexter’s Deli Is One of America’s Coolest Pet Stores Headlines1 week ago Yelp to Flag Businesses Accused of Racism With ‘Consumer Alerts’ Photo Gallery5 days ago New Edibles for Cats, Vegan Bars for Dogs and Toys for the Holidays [GALLERY] Columns5 days ago 4 Tips for Negotiating the Best Lease for Your Pet Business Real Deal1 week ago How Do You Handle Know-It-All Customers in Your Store?