MUNDELEIN, IL – CBD LION LLC is excited to announce that it has today finalized 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 dollars of development capital into CBD LION, that will give it time to further accelerate its amazing development.
CBD LION had been launched in 2017 with all the motto: “PRIDE IN QUALITY.” The CBD LION team’s focus has become manufacturing effective, quality services and products in a ISO 7 Certified Clean Room. CBD LION’s current variety of items include: CBD vape pens, cartridges, concentrates, tinctures, gummies, creams and a whole lot more in the future! Most of CBD LION’s products are two-time third-party lab tested, a thing that many competitors usually do not do, which offers CBD LION a competitive advantage and items that consumers trust.
Erik S. Lundgren, Founder and CEO of CBD LION, stated: “Let me personally be completely clear, MYSELF TOGETHER WITH CBD LION TEAM ARE HERE TO STAY! We intend to make a significant effect on the Hemp/CBD industry as this move provides the growth capital, community, and partners that are strategic to leverage our brand name. Our company happens to be growing therefore fast that individuals 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. Both privately and after exploring different ways of raising capitalthrough the public markets, we decided that the way that is best for people to accomplish our development potential while still producing a range of top-quality items would be to partner with Gerry and Jake Jacobs and obtained Sales Corp.”
Following a closing regarding the transaction, obtained product Sales Corp. intends to alter its name to CBD LION CORP. to stress our shared eyesight of becoming the best choice within the CBD items industry. Acquired Product Sales Corp. has already acquired 4.99% of rapidly growing CBD-infused drink and services 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 for its award-winning services and products, including: Best Edible at CBD EXPO WESTERN and Best Vape at CBD EXPO MIDWEST. CBD LION’s services and products are showcased on CBS – Chicago Information 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.
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 roles at Acquired product 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, which are built in A certified room that is clean are tested extensively for quality. These facets, in conjunction with CBD LION’s name that is awesome cool logo design, great product reviews, its eye-catching colorful product packaging, and its particular amazing growth cbd oilrank site throughout the A fantastic partner for us past two years, make CBD LION. We have been prepared to ROAR!”