Merriman Holdings, Inc., the parent company of Merriman Capital, Inc., announced that it has been retained by Leading Brands, Inc. to identify new strategic opportunities for the company.
Leading Brands is the only fully integrated premium beverage company in North America in that it designs, bottles, markets and sells its proprietary brands, allowing it to maintain superior quality control and achieve higher margins. HappyWater, a naturally alkaline blend of spring waters that contain naturally-occurring Lithia is the company’s newest product and will be available across Canadian markets by mid-2015. The company anticipates the launch of HappyWater into the U.S., by year end. HappyWater is also available in proprietary, environmentally-conscious packaging, the WaterBox, an alternative to PET and BPA-laden packaging with 85% less plastic than conventional bottles.
“We are excited to work with the management team of Leading Brands to find exciting new opportunities for the company, in particular, including but not limited to looking to the U.S. market for acceleration of their business,” commented Jon Merriman, CEO of Merriman Capital. Merriman continued, “We are impressed with the breadth of the Leading Brands product line, especially HappyWater, and believe it is a particularly attractive growth asset in their portfolio.
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