ECGI Announces Binding LOI to Acquire 8bit Cannabis Brand as Target Distribution Widens to 20 Dispensaries

LOS ANGELES, March 23, 2023 /PRNewswire/ -- ECGI HOLDINGS INC. (OTC:ECGI) (ECGI or the Company), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, is pleased to announce the signing of a Binding Letter of Intent (the "Binding LOI") toward the acquisition of the key personnel, intellectual property, business operations, and future business operations of Endless Consciousness, Inc. ("EC"), a California corporation involved in the legal cannabis product marketplace.