Justera Health Signs Definitive Agreement to Acquire Popular Cannabis Brand, Port North

Justera Health Ltd. (CSE:VTAL)(OTC PINK:SCRSF) has announced the signing of a definitive agreement to acquire 100% of Port North Extracts Inc., a solventless cannabis brand. The acquisition supports Justera's strategic plan to diversify and expand its presence in the health and wellness sector, particularly in the cannabis market.

Under the agreement, Justera will issue 80,000,000 common shares to Port North shareholders at a deemed value of $0.02 per share. Additionally, existing Port North warrants will be exchanged for Justera warrants with an exercise price of $0.05 per share. No finder's fees were paid in connection with the transaction.

Joshua Herman, CEO of Port North, is expected to join Justera's Board of Directors. Completion of the transaction is anticipated in the coming weeks, pending regulatory approval and other conditions. This acquisition marks a significant step for Justera in broadening its product offerings in the cannabis industry.