GOLDEN, Colo., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) (“Panacea” or the “Company”), a plant-based natural health ingredient and product company, today announced it has acquired eight retail locations and one distribution center in the Tampa, Florida area offering Nitro Kava, Kratom, VAPE products and beverages.

GOLDEN，Colo。，2023年10月5日（GLOBE NEWSWIRE）-Panacea Life Sciences Holdings，Inc。（OTCJB:PLSH）（“Panacea”或“Company”），一家以植物为基础的天然健康成分今天，该公司宣布在佛罗里达州坦帕地区收购了八家零售店和一家分销中心，提供硝基卡瓦，克拉姆，VAPE产品和饮料。

Operating as N7, the acquisition marks an expansion of the Company’s business into retail stores from its historic focus on its branded health and wellness products, ingredient and contract manufacturing. The name of the stores will change to PanaceaDistro for the initial phase of expansion. For the fiscal year ended December 31, 2022, N7 generated approximately $2.6 million of revenues (unaudited).

该收购标志着该公司业务从其历史重点扩展到零售商店，其品牌健康和保健产品，配料和合同制造。在扩展的初始阶段，商店的名称将更改为PanaceaDistro。截至2022年12月31日的财政年度，N7产生了约260万美元的收入（未经审计）。

Panacea plans on expanding by adding additional stores and offering new high quality plant-based products, in addition to offering store franchising opportunities. “We are excited to complete the acquisition of this popular retail chain and innovative distribution business as we expand into the billion dollar natural health and wellness market segment.

Panacea计划通过增加额外的商店和提供新的优质植物产品，以及提供商店融资机会来扩大规模。“随着我们扩展到价值数十亿美元的自然健康和健康市场，我们很高兴完成这一流行零售链和创新分销业务的收购。

The long-term objective is for Panacea to own and or operate hundreds of stores. We believe there is a massive shift in the minds of consumers away from pharmaceutical lab-driven products toward using natural products as functional remedies to treat and heal the human body. Combined with our recent acquisition of PUR Life Medical longevity clinics, we believe Panacea is well positioned and on the forefront of this movement,” said Leslie Buttorff, CEO.

长期目标是万能药拥有和运营数百家商店。我们相信消费者的思想从药物实验室驱动的产品转向使用天然产品作为治疗和治愈人体的功能性疗法。结合我们最近收购的PUR Life Medical longevity clinics，我们相信万能药位于这一运动的最前沿，“首席执行官Leslie Buttorff说。

“With this acquisition we are able to capture a high value business in the natural beverage retail and wholesale market that includes brand licensing and franchising development for all of our product segments.” About Panacea.

“通过此次收购，我们能够在天然饮料零售和批发市场中获得高价值业务，包括我们所有产品领域的品牌许可和法国开发。”关于灵丹妙药。