MUNDELEIN, IL – CBD LION LLC is excited to announce that it has today finalized a Letter of Intent to go public by merging with publicly traded Obtained Product Sales Corp. (OTC Pink: AQSP), Lake Forest, IL. The deal is likely to inject a few million dollars of development money into CBD LION, that may let it even more accelerate its amazing development.
CBD LION had been created in 2017 utilizing the motto: “PRIDE IN QUALITY.” The CBD LION team’s focus happens to be manufacturing effective, quality services and products in a ISO 7 Certified Clean Room. CBD LION’s current range of products consist of: CBD vape pens, cartridges, concentrates, tinctures, gummies, creams and a whole lot more in the future! Each of CBD LION’s items are two-time third-party lab tested, a thing that many rivals don’t do, which provides CBD LION an advantage that is competitive products that consumers trust.
Erik S. Lundgren, Founder and CEO of CBD LION, stated: “Let me be completely clear, MYSELF AND ALSO THE CBD LION TEAM ARE HERE TO STAY! We want to produce a significant effect on the Hemp/CBD industry as this move gives us the development money, system, and strategic lovers required to leverage our brand. Our company happens to be growing so fast that people have actually encountered money constraints which have restricted our capacity to expand our item lines also to meet with the increasing needs of distributors for the services and products. After exploring other ways of raising money, both independently andthrough the general public areas, we decided that the easiest way for all of us to accomplish our development potential while still producing a range of top-quality items would be to partner with Gerry and Jake Jacobs and Acquired Sales Corp.”
After the closing of this deal, obtained product Sales Corp. intends to alter its name to CBD LION CORP. to stress our provided eyesight of becoming the first choice into the CBD items industry. Acquired Product Sales Corp. has already acquired 4.99% of quickly growing CBD-infused drink and services and products cbd oil manufacturer Ablis Holding business, and of art distillers Bendistillery Inc. and Bend Spirits, Inc. , Bend, Oregon.
CBD LION was recognized in the market for the award-winning services and products, including: Best Edible at CBD EXPO WEST and Best Vape at CBD EXPO MIDWEST. CBD LION’s items happen showcased on CBS – Chicago Information Post, Buzzfeed: Top 10 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 sign long-term work agreements to serve in executive roles 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 top-quality assortment of items, that are manufactured 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 colorful presentation, as well as its amazing development throughout the A fantastic partner for us past two years, make CBD LION. Our company is willing to ROAR!”
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