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Well, at a basic level Shark Robert envisioned this product taking off and his ROI would be rewarding – he put his money where his imagination saw this product’s potential. Fast forward to 2018 and Canadian Medical Marijuana Company Harvest One Cannabis Corp (TSXV:HVT; OTC:HRVOF) acquired 100% of Dream Water and Sarpes Beverages, LLC for a total consideration of CAD$34.5M (approximately USD$27M). With respect to Dream Water, HVT’s intentions include:
u Scaling its current e-commerce and direct to consumer efforts;
u Bringing to market Dream Water's robust product innovation pipeline; and
u Expanding the Dream Water brand into the cannabis space; most notably, to produce additional cannabidiol ("CBD") and/or Full-Spectrum Hemp based product lines where said products can be manufactured and sold within federally regulated markets
For more information on this transaction with respect to Dream Water please click here. Now what is Sarpes Beverages LLC? I find that part of the transaction intriguing if for no other reason than the fact every analyst coverage I have seen has not even mentioned it. Sarpes owns Dream Water and the relevant trademarks are registered by Sarpes. Without acquiring Sarpes, HVT would not own the trademarks and other ownership related filings. Sarpes may not be part of the story told by others but it is critical for the vision … for the prospective forward thinking … for the imagination of those behind this deal to come to fruition. The imagination did not end there … Dream Water has been reported by some as the #1 selling natural selling liquid sleep shot that is 0-calorie and 2.5 oz. Harvest One was quick to incorporate Dream Water on their site and also in their updated Corporate Presentation. Of course, to you our readers and particularly to those of you that also subscribe to our Canadian edition, Harvest One is no stranger and has been featured in strategies as well as other content and in case studies. For those looking for the ROI potential offered only by options and warrants (gearing and leverage), HVT has two different free trading issues of warrants. HVT also has convertible debentures that may be purchased on the secondary market.