Upexi voluntarily terminates acquisition of superfoods brand

Clearwater, fl / accesswire / june 20, 2023 / upexi inc. (nasdaq:upxi) (the "company" or "upexi"), a multi-faceted amazon and direct-to-consumer brand owner and innovator in aggregation, today announced the voluntary termination of the previously announced acquisition of a brand specializing in the superfoods company. company management has determined that the overall transaction value for shareholders did not make sense in the current market environment, and that reinvesting that capital in growth initiatives for current brands and other businesses should result in a better opportunity for the overall growth and profitability of the company.
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