FOR RELEASE March 26th, 2017
VANCOUVER – Locally founded business, Zag Global, announced
the sale of their business and the closure of their operations in March of this year. The sale was completed to an undisclosed international buyer in the herbal supplements space for an undisclosed amount.
ZAG was a forerunner in the botanical beverage industry and was responsible for creating a number of new product categories for efficacious drinks. In the 10 years of their operation, ZAG had many global-scale successes in the crusade for people’s’ access to alternative plant medicines, including introducing the
herb Kratom to the US market and protecting the herb from a highly publicized unsubstantiated DEA regulation attempt in September of 2016. The efforts of ZAG staff and leadership were instrumental in advancing the science that lead to a wide variety of scientists, public health officials and academic institutions, recognizing Kratom as one of the most effective solutions to the opiate epidemic in the United States. The combined and cumulative effect of these efforts saved the lives of 10’s of thousands of people and directly improved the lives of millions.
If you would like to speak someone on a Zag-related issue, please contact Lisa Robinson at firstname.lastname@example.org