N2 Logics Inc. in a joint venture with New Wave Holdings Ltd. (CSE: SPOR) (OTC: TRMNF) has acquired Europe’s e-commerce platform Bloom Botanics, a CBD online superstore and complex mushroom blends provider for an undisclosed amount. Bloom Botanics was formed when a collective of E-commerce experts from the UK, Ireland, and the North American Cannabis and Cannabis Accessory industry realized there was a significant opportunity to create Bloom Botanics to carry an impressive range of CBD and mushroom-based products and continue to aggressively increase its presence in this space from a product and geographical basis.
Daniel Fox, CEO New Wave Holdings said, “Healthier and more natural plant based health and wellness products are continuing to grow in importance in today’s society. Our goal is to distribute and provide consumers access to products that improve human functionality and performance. With N2’s leading e-commerce strategy, we expect to continue to generate significant high margin online growth starting in Europe then quickly expanding into North America and the rest of the world.”
The company said that the e-commerce strategy will be managed by N2 Logics Inc. N2’s principals possess industry-leading knowledge of nutraceuticals and have a proven track record of producing state of the art innovative E-commerce platforms and experiences. The N2 team said it brings over 10 years of experience in the field of online E-commerce and digital marketing to attract high-quality traffic online through lead generation and conversion optimization.
Bloom Botanics said its e-commerce platform is one of Europe’s leading and is looking to become a global leader in the mental health and wellness space. With access to over 1,500 SKUs thanks to an exclusive drop ship deal, Bloom Botanics has become Europe’s consumers’ go-to source for nutraceuticals and its platform and eCommerce model will enable us to continue to expand its already impressive portfolio of brand and wellness product offerings quickly and effectively.