MUNDELEIN, IL – CBD LION LLC is excited to announce that it has today finalized a Letter of Intent to go general public by merging with publicly exchanged Acquired Product Sales Corp. (OTC Pink: AQSP), Lake Forest, IL. The deal is anticipated cbd/hemp oil to inject several million bucks of development capital into CBD LION, that may let it even more accelerate its amazing development.
CBD LION ended up being established in 2017 aided by the motto: “PRIDE IN QUALITY.” The CBD LION team’s focus has become manufacturing effective, quality items in a ISO 7 Clean that is certified Room. CBD LION’s list that is current of consist of: CBD vape pens, cartridges, concentrates, tinctures, gummies, lotions and a whole lot more in the future! Most of CBD LION’s items are two-time third-party lab tested, a thing that many rivals try not to do, which offers CBD LION a competitive benefit and products which customers trust.
Erik S. Lundgren, Founder and CEO of CBD LION, stated: “Let me be perfectly clear, MYSELF PLUS THE CBD LION TEAM ARE HERE TO STAY! We intend to make 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 individuals have actually encountered money constraints which have restricted our power to expand our product lines and also to meet up with the increasing needs of suppliers for the services and products. After checking out other ways of raising money, both independently andthrough the general public areas, we decided that the very best way 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 deal, obtained Sales Corp. intends to alter its name to CBD LION CORP. to stress our provided eyesight of becoming the first choice within the CBD items industry. Acquired Product Sales Corp. has already acquired 4.99% of quickly growing CBD-infused drink and products manufacturer Ablis Holding business, and of art distillers Bendistillery Inc. and Bend Spirits, Inc. , Bend, Oregon.
CBD LION happens to be recognized on the market because of its award-winning products, including: Best Edible at CBD EXPO WESTERN and Best Vape at CBD EXPO MIDWEST. CBD LION’s items have already been showcased on CBS – Chicago Information Post, Buzzfeed: top ten CBD Companies of 2018, Buzzfeed: top CBD Companies to be cautious about in 2019, Edibles Magazine, and MSNBC: Top 5 CBD organizations of 2018.
The key executives of CBD LION including Erik as part of the transaction S. Lundgren, Katie M. Nauert (Lundgren), Andrew Stepniak, Christopher Nauert and Christopher Weiland will signal long-lasting work agreements to serve in executive positions at Acquired 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 top-quality assortment of items, which are produced in a certified clean space and are tested extensively for quality. These factors, in conjunction with CBD LION’s name that is awesome cool logo, great product critiques, its eye-catching product that is colorful, and its particular amazing development throughout the A fantastic partner for us past two years, make CBD LION. Our company is ready to ROAR!”