CBD LION LLC Going Public by Merging With Publicly Traded Acquired Sales Corp.
MUNDELEIN, IL – CBD LION LLC is excited to announce today so it has signed a Letter of Intent to go general general public by merging with publicly exchanged Obtained Product Sales Corp. (OTC Pink: AQSP), Lake Forest, IL. The deal is anticipated to inject a few million bucks of development capital into CBD LION, that will let it further accelerate its amazing development.
CBD LION had been http://www.cbdoilrank.com/ established in 2017 utilizing the motto: “PRIDE IN QUALITY.” The CBD LION team’s focus is without question manufacturing effective, quality items in a ISO 7 Clean that is certified Room. CBD LION’s current a number of services and products consist of: CBD vape pens, cartridges, concentrates, tinctures, gummies, lotions and many other in the future! Most of CBD LION’s items are two-time third-party lab tested, a thing that many competitors don’t do, which provides CBD LION an advantage that is competitive items that customers trust.
Erik S. Lundgren, Founder and CEO of CBD LION, stated: “Let me personally be completely clear, MYSELF THEREFORE THE CBD LION TEAM ARE HERE TO STAY! We intend to create a significant effect on the Hemp/CBD industry as this move gives us the development capital, community, and partners that are strategic to leverage our brand. Our company happens to be growing so fast that individuals have encountered capital constraints which have limited our power to expand our item lines also to meet with the increasing needs of distributors for our items. Both privately and after exploring different ways of raising capitalthrough the general public markets, we decided that the simplest way for all of us to attain our growth potential while nevertheless producing a range of high-quality services and products would be to partner with Gerry and Jake Jacobs and obtained Sales Corp.”
After the closing regarding the transaction, Acquired Sales Corp. intends to alter its title to CBD LION CORP. to emphasize our shared eyesight of becoming the first choice into the CBD products industry. Acquired Product Sales Corp. has already acquired 4.99% of quickly growing beverage that is CBD-infused services and products manufacturer Ablis Holding Company, and of art distillers Bendistillery Inc. and Bend Spirits, Inc. , Bend, Oregon.
CBD LION happens to be recognized on the market for the award-winning items, including: Best Edible at CBD EXPO WESTERN and Best Vape at CBD EXPO MIDWEST. CBD LION’s items have now been showcased on CBS – Chicago News Post, Buzzfeed: top ten CBD Companies of 2018, Buzzfeed: top CBD Companies to look out for in 2019, Edibles Magazine, and MSNBC: Top 5 CBD businesses of 2018.
Within the transaction, one of the keys professionals of CBD LION including Erik S. Lundgren, Katie M. Nauert (Lundgren), Andrew Stepniak, Christopher Nauert and Christopher Weiland will signal long-term work agreements to serve in executive positions at Acquired product Sales Corp.
William C. “Jake” Jacobs, President of Acquired product product Sales Corp., said, “CBD LION’s leadership team is knowledgeable, passionate, and laser-focused on promoting CBD LION’s array that is high-quality of, that are produced in A certified room that is clean are tested extensively for quality. These facets, along with CBD LION’s name that is awesome cool logo design, great product critiques, its eye-catching product that is colorful, as well as its amazing growth on the past two years, make CBD LION an incredible partner for people. We have been willing to ROAR!”