The deal for Zelira Therapeutics to buy Health House International is off after both parties agreed to walk away, blaming the “substantial change in market conditions” since it was announced in February.

Under the scheme of arrangement, Zelira would have acquired 100% of Health House shares subject to due diligence. Health House would have taken a 19.45% interest in Zelira. 

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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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