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U.S. Partner Secures Licensing Rights to 2,400 Retail Stores

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Dec. 22, 2020 (GLOBE NEWSWIRE) — On December 21, 2020 Biosenta’s U.S. licensing partner Kleen Bee Labs, LLC has secured licensing rights in Ralphs and Food 4 Less retailers, which are divisions of Kroger Corp. Kroger Corp is one of the largest retailers in the US with approx. 2,400 stores. Kleen Bee Labs long term goal is to distribute in over 10,000 stores across the United States.
Kleen Bee Labs’ previously announced deal will ensure Biosenta’s patented formulation will continue to expand and be sold at scale across North America. The distributor will cover all costs associated with marketing, warehousing, transportation logistics, and retail space fees.Biosenta is on pace to receive its first royalty payment from Kleen Bee Labs by the end of December.About Biosenta Inc.Biosenta develops and manufactures a range of wet and dry anti-microbial chemical compounds for household and industrial applications using active material, and advanced encapsulated nanotechnology.DisclaimerIn no way, the CSE has passed upon the contents of this news release and further has neither approved nor disapproved of the contents of this news release. Neither the CSE nor it’s Regulation Services Provider (as such term is defined in the CSE) accepts responsibility for this release’s adequacy or accuracy.Biosenta Digital channel:https://www.Biosenta.comContact Information:Am Gill
President and CEO
T: 416-410-2019

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