MUNDELEIN, IL – CBD LION LLC is excited to announce today so it has finalized a Letter of Intent to go general public by merging with publicly traded Acquired Product Product Sales Corp. (OTC Pink: AQSP), Lake Forest, IL. The deal is anticipated to inject a few million bucks of development money into CBD LION, that may let it even more accelerate its amazing development.
CBD LION had been established in 2017 aided by the motto: “PRIDE IN QUALITY.” The CBD LION team’s focus happens to be manufacturing effective, quality items within an ISO 7 Certified Clean Room. CBD LION’s current a number of items consist of: CBD vape pens, cartridges, concentrates, tinctures, gummies, creams and many other things in the future! Most of CBD LION’s items are two-time third-party lab tested, a thing that many rivals usually do not do, which offers CBD LION a competitive advantage and products which customers trust.
Erik S. Lundgren, Founder and CEO of CBD LION, stated: “Let me personally be perfectly clear, MYSELF AND ALSO THE CBD LION TEAM ARE HERE TO STAY! We want to create a significant effect on the Hemp/CBD industry since this move provides the development money, system, and partners that are strategic to leverage our brand name. Our company happens to be growing therefore fast that people have actually experienced money constraints which have restricted our power to expand our item lines and also to meet up with the increasing needs of suppliers for the services and products. After checking out various ways of raising money, both independently andthrough the public markets, we decided that the way that is best for all of us to accomplish our development potential while nevertheless producing a range of top-quality items would be to partner with Gerry and Jake Jacobs and obtained Sales Corp.”
After the closing regarding the transaction, obtained product Sales Corp. intends to alter its name to CBD LION CORP. to emphasize our provided vision of becoming the best choice into the CBD products industry. Obtained Product 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 has been recognized in 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 10 CBD Companies of 2018, Buzzfeed: top ten CBD Companies to look out for in 2019, Edibles Magazine, and MSNBC: Top 5 CBD businesses of 2018.
Within the deal, the important thing professionals of CBD LION including Erik S. Lundgren, Katie M. Nauert (Lundgren), Andrew Stepniak, Christopher Nauert and Christopher Weiland will signal employment that is long-term to serve in executive roles at Acquired product Sales Corp.
William C. “Jake” Jacobs, President of Acquired 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 clean space and are tested extensively for quality. These facets, in conjunction with CBD LION’s awesome title, cool logo, great product critiques, its eye-catching product that is colorful, as well as its amazing development throughout the A fantastic partner for us past two years, make CBD LION. Our company is prepared to ROAR!”
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