ECGI To Acquire 8bit Cannabis Brand As Target Distribution Widens To 20 Dispensaries
ECGI To Acquire 8bit Cannabis Brand As Target Distribution Widens To 20 Dispensaries
ECGI HOLDINGS INC. (OTCPK:ECGI), D/B/A Elite Cannabis Group Incorporated, announced the signing of a binding letter of intent toward the acquisition of the key personnel, intellectual property, business operations, and future business operations of Endless Consciousness, Inc., a California corporation involved in the legal cannabis product marketplace.
"We are very excited to move this deal forward, and assigning the 'binding' designation to our existing relationship helps to foster credibility with our current and future capital partners, driving value for our shareholders as we ramp up commercial operations," stated ECGI CEO, Danny Wong. "EC, through their 8bit brand, has a top team, and we are now seeing that brand footprint grow. We are very well positioned to augment that growth as we bring this blue-chip team on board."
The company announced a non-binding LOI to acquire EC on March 9, 2023. At that time, it was noted that the EC team had compiled an extensive track record of sales experience that included servicing over 250 stores and managing products reaching over 1,000 stores covering multiple states.
Wong continued, "We look forward to keeping our current and prospective shareholders informed as we progress toward closing this acquisition and cementing our place as an emerging leader in the California cannabis marketplace."
Benzinga's Cannabis Capital Conference Is Back
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don't miss out. Secure your tickets now. Prices will surge very soon.
Photo: Benzinga edit with photos by jarmoluk and lindsayfox on Pixabay
ECGI控股公司(OTCPK:ECGI),D/B/A精英大麻集團有限公司,宣佈了簽署一份B類裝訂我電子郵件發件人我內容朝向收購關鍵人員、知識產權、業務運營,以及未來的業務運營永無止境意識公司,一家參與合法大麻產品市場的加州公司。
ECGI首席執行官表示:“我們非常高興能推進這筆交易,為我們現有的關係賦予‘有約束力’的稱號,有助於培養我們當前和未來資本合作夥伴的信譽,在我們加強商業運營的同時,為我們的股東帶來價值。”丹尼·Wong。“歐共體,通過他們的8位品牌,擁有一支頂尖的團隊,我們現在看到品牌足跡的增長。隨著這支藍籌股團隊的加入,我們處於非常有利的地位,能夠擴大這種增長。“
該公司於2023年3月9日宣佈了一份不具約束力的意向書,以收購EC。當時,人們注意到EC團隊積累了廣泛的銷售經驗記錄,包括為250多家商店提供服務,並管理覆蓋多個州的1000多家商店的產品。
Wong接著說:“我們期待著在我們完成這項收購並鞏固我們作為加州大麻市場新興領導者的地位的過程中,隨時向我們現有和潛在的股東通報情況。”
Benzinga的大麻首都會議回來了
世界上最成功的大麻商業活動,本辛加大麻之都大會,回到邁阿密舉行第16屆。這是達成交易、籌集資金、開始並購、公司會見投資者和關鍵合作夥伴的地方。4月11日至12日,歡迎入住佛羅裡達州楓丹白露邁阿密海灘酒店。不要錯過。現在請確保您的機票安全。價格很快就會飆升。
圖片:Benzinga在Pixabay上編輯jarmoluk和lindsayfox的照片
譯文內容由第三人軟體翻譯。
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