$BFCH | UNLOCKD
Ancient Extracts reported approximately 76% month-over-month revenue growth in May following the acquisition.
Management remains highly encouraged by the early operating momentum and the opportunities ahead.
Read the full release:
https://t.co/5GRgFr8Hm0
We’ve seen the questions, so let’s be clear.
The ELLE collaboration is alive and well. The strategic work is done. Alignment is intact. Communication remains active and constructive between all parties involved.
The remaining step is capital-related and timing-driven... not performance-driven, not diligence-driven, and not a reflection of any issue with the Company or the partnership. These things happen in real-world dealmaking, especially at this stage.
We’re working closely with all parties and expect to move this forward!
Once capitalized and definitive, the Company will formally announce the ELLE partnership through a coordinated press release and broader news flow.
Nothing about our strategy has changed.
Momentum is building... not fading. $BFCH