
Canadian-made beauty and body brand offers vegan-friendly hair, skin care
We're always excited to add new-to-us product options to our Canadian brand lists.
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Headquartered in Toronto, Nutrius offers hair and skin-care products that are billed as being vegan, cruelty-free, locally made and 'clean.'
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We caught up with Charles Wachsberg, CEO of Apollo Health and Beauty Care, to learn more:
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Q: For those who aren't familiar, what is Nutrius?
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A: Nutrius is a Canadian-made beauty and body-care brand founded in 2021. Nutrius delivers exceptional and leading product performance via its clean and affordable skin-care, body care and hair-care essentials. Headquartered in Toronto, Nutrius offers vegan, cruelty-free and 'free-from' formulas designed to nourish and hydrate skin and hair without compromise.
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A: Nutrius products are expertly formulated with premium and exotic ingredients and botanicals such as Cupuacu butter, coconut oil, açai oil and guarana extract which provide deep and lasting hydration, fast skin absorption, radiant hair that shines and bounces, and a luxurious sensory experience. The entire Nutrius product line is designed to work together as a complementary set — from your morning shower with your Nutrius Shampoo & Conditioner, to your Body Wash, and Brazilian Body Cream, all of our products use our established core scents (Coco Bliss, Botanical Bliss and Berry Bliss) so that no part of your routine is competing with your desired signature fragrance.
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Additionally, all Nutrius products are proudly made in Canada in our state-of-the-art and sustainable production facility ensuring the highest quality production standards while supporting local Canadian manufacturing.
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A: Nutrius is designed for beauty lovers everywhere and of all ages who want and demand premium, effective products without the luxury price tag. Whether it's skin-care enthusiasts, busy professionals or clean beauty advocates, Nutrius provides a nourishing, everyday indulgence at an accessible price point.
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A: The Nutrius Brazilian Body Butter Cream is the brand's cult favourite and bestselling product. The Body Butter Cream is already famous for its incredible fast-absorbing, non greasy formula that deeply hydrates while leaving skin soft and smooth.
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In addition, High Tide has agreed to grant Remexian's owners an option to put to High Tide the remaining interests in Remexian not held by High Tide (the " Put Option"), at the same enterprise value as the Call Option during the same time periods. The consideration under the Call Option or the Put Option, if exercised, will be satisfied in a combination of cash and High Tide Shares, at High Tide's discretion. The Call Option has a minimum price of €15 million, and is subject to a minimum cash payment of at least 40%, and the Put Option is subject to a minimum cash payment of at least 30%. Any High Tide Shares issued in connection with the Transaction are subject to a statutory hold period of four months and one day. ABOUT HIGH TIDE High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant. Its wholly owned subsidiary, Canna Cabana, is the second-largest cannabis retail brand globally. 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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Media Inquiries Carter Brownlee Communications and Public Affairs Advisor High Tide Inc. [email protected] 403-770-3080 Investor Inquiries Vahan Ajamian Capital Markets Advisor High Tide Inc. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the successful closing of the Transaction; the future growth of the German medical cannabis market; the final purchase price; whether the Company exercises its option to acquire the remaining interest in Remexian; the ability for the Company to significantly increase the Canadian share of medical cannabis imports into Germany; the ability for the Company to expand into other European medical cannabis markets in due course; the annualized revenue for Remexian; future changes to Germany's medical cannabis framework; the result on market growth of potential restrictions on telemedicine and mail-order delivery; and whether all conditions will be met, including TSXV approval. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at and which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law. CAUTIONARY NOTE REGARDING FUTURE ORIENTED FINANCIAL INFORMATION This press release may contain future oriented financial information (" FOFI") within the meaning of applicable securities legislation about prospective results of operations, financial position or cash flows, which is subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above "Cautionary Note Regarding Forward-Looking Statements". FOFI is not presented in the format of a historical balance sheet, income statement or cash flow statement. FOFI does not purport to present the Company's financial condition in accordance with IFRS as issued by the International Accounting Standards Board, and there can be no assurance that the assumptions made in preparing the FOFI will prove accurate. The actual results of operations of the Company and the resulting financial results will likely vary from the amounts set forth in the analysis presented, and such variation may be material (including due to the occurrence of unforeseen events occurring subsequent to the preparation of the FOFI). The Company and management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments as of the applicable date. However, because this information is highly subjective and subject to numerous risks, readers are cautioned not to place undue reliance on the FOFI as necessarily indicative of future results. Except as required by applicable securities laws, the Company undertakes no obligation to update such FOFI.