THC Therapeutics, Inc. acquired Harmonic Energy, Inc. in a reverse merger transaction.
January 23, 2017
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THC Therapeutics, Inc. acquired Harmonic Energy, Inc. (OTCPK:ASUV) in a reverse merger transaction on January 23, 2017. Brandon Romanek, the founder of THC Therapeutics has also contributed patent applications, trademark applications, and internet domain names to Harmonic Energy. Harmonic Energy is currently in the process of a name change to THC Therapeutics, Inc. The name change, along with a request for a new ticker symbol, will be submitted to FINRA for review prior to taking effect in the OTC markets.
THC Therapeutics, Inc. completed the acquisition of Harmonic Energy, Inc. (OTCPK:ASUV) in a reverse merger transaction on January 23, 2017.
THC Therapeutics, Inc. is focused on developing a sanitizing herb dryer, the dHydronator, with multiple design, function, and usage patents. The dHydronator product is specifically designed for the drying and sanitizing (i.e., reducing the bacterial count by using ultraviolet light) of freshly harvested cannabis, and other herbs, flowers, and tea leaves. The dHydronator can reduce the moisture content of cannabis to 10-15% in only 10-14 hours. The dHydronator can also reduce the bacterial count of the cannabis during the drying process. The Company operates in the wellness industry.