SciSparc Ltd. (NASDAQ:SPRC) signed a definitive agreement with Merhavit M.R.M Holding and Management Ltd (“M.R.M”), to acquire its rights to purchase, Wellution, an Amazon.com (NASDAQ:AMZN) Marketplace account, American food supplements and cosmetics brand and trademark. The company has established a new wholly owned subsidiary, SciSparc Nutraceuticals Inc., to hold the new assets.
Wellution sells dozens of hemp-based products, including hemp gummies, hemp oil capsules, hemp gel, hemp cream, detox pills, height pills, antibacterial creams, and anti-aging creams, among other beauty and hair treatment products that are all manufactured in the United States. In total, the brand has over 40,000 product reviews, most of which are 4 and 5-star reviews.
