M&A Deal Summary

BetterLife Pharma Acquires ACI Foods

On October 19, 2017, BetterLife Pharma acquired consumer products company ACI Foods

Acquisition Highlights

This is BetterLife Pharma’s 1st transaction in the Consumer Products sector.
This is BetterLife Pharma’s 1st transaction in Canada.
This is BetterLife Pharma’s 1st transaction in British Columbia.

M&A Deal Summary
Date	2017-10-19
Target	ACI Foods
Sector	Consumer Products
Buyer(s)	BetterLife Pharma
Deal Type	Add-on Acquisition

Target

ACI Foods

Abbotsford, British Columbia, Canada

ACI Foods processes, packages and distributes gluten-free, organic hemp-based products including hulled seeds, cold-pressed hemp seed oil, and high-percentage protein powder. ACI is certified organic internationally through the Organic Crop Improvement Association (OCIA), registered Kosher through the Orthodox Union, and approved by Health Canada and the US Food and Drug Agency. ACI Foods holds hemp processing and cultivation licenses under Health Canada Industrial Hemp Regulations (IHR).

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