NewLeaf Brands to Acquire Mindleap Health Inc.
May 20, 2020
NewLeaf Brands Inc. signed a non-binding letter of intent to acquire 100% of Mindleap Health Inc. via a share exchange, with consideration of CAD $3.5 million in NewLeaf common shares plus additional cash investments. Mindleap is a digital mental-health and telehealth platform focused on mood, emotion and habit tracking and psychedelic aftercare, and the deal is intended to accelerate Mindleap’s time-to-market and expand NewLeaf’s digital health capabilities.
- Buyers
- NewLeaf Brands Inc.
- Targets
- Mindleap Health Inc.
- Industry
- Healthcare Services
- Transaction Type
- Buyout
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