Better Choice Company signs licensing agreement in Asia for Halo Elevate brand

Better Choice has agreed in principle to a 5.5% royalty agreement in Asia with its existing partner, CZC Company, on all sales of the Halo Elevate brand in the Asian region. The buyer will obtain the right to market and sell the up to 13 SKUs of Halo Elevate formulas, which have not previously been sold in the Asian region; the Buyer will order, and pay for, the Products directly from Better Choice’s manufacturer in the U.S.; and the buyer will pay to Better Choice a royalty fee of 5.5% of the cost of the products payable upon the shipment of the products from Better Choice’s U.S. manufacturer.