Theratechnologies Enters into Exclusive Talks with Second Suitor for Potential Acquisition of the Company

Thera Technologies Responds to Future Pak's Press Release and Announces Exclusive Discussions with Another Party

April 25, 2023 - Thera Technologies, a leading provider of innovative products and solutions for the cannabis industry, today responded to a recent press release issued by Future Pak, a company that claims to offer a comprehensive suite of products and services for the cannabis industry.

In its press release, Future Pak alleged that Thera Technologies had failed to meet its obligations under a previously announced agreement between the two companies. Thera Technologies has now issued a statement denying these allegations and announcing that it has entered into exclusive discussions with another party.

"We are disappointed, but not surprised, by Future Pak's recent press release," said a spokesperson for Thera Technologies. "We have always been committed to delivering the highest quality products and services to our customers, and we will not be deterred by baseless allegations from a competitor."

Thera Technologies has been a leader in the cannabis industry for many years, and its products and solutions have been used by thousands of customers around the world. The company's commitment to innovation and customer satisfaction has earned it a reputation as a trusted and reliable partner in the industry.

The company's announcement of exclusive discussions with another party is seen as a significant development, as it suggests that Thera Technologies is poised to make a major announcement in the near future. The terms of the agreement have not been disclosed, but industry insiders believe that it could have significant implications for the cannabis industry.

Thera Technologies has not commented on the identity of the other party, but rumors have been circulating that it may be a major player in the cannabis industry. The company has a reputation for being a shrewd business operator, and its ability to negotiate favorable agreements has been a key factor in its success.

The cannabis industry is currently experiencing rapid growth and change, with new products and technologies emerging all the time. Thera Technologies has been at the forefront of this trend, and its announcements are always closely watched by industry insiders and investors.

In conclusion, Thera Technologies has responded to Future Pak's press release and announced exclusive discussions with another party. The company's commitment to delivering the highest quality products and services has earned it a reputation as a trusted and reliable partner in the industry. The cannabis industry is poised for continued growth and change, and Thera Technologies is well-positioned to capitalize on these trends.