North Providence, RI, and Golden, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Real Brands Inc. (OTC-BB:RLBD) announced today that it has signed a letter of intent (LOI) to acquire substantially all the assets of Boulder Botanicals & Biosciences Laboratories, Inc. (Boulder Botanical), a manufacturer of white-label and private-label CBD and non-CBD products. The acquisition will include Boulder Botanical’s brands, IP, distribution and 27,000 sq. ft. R&D and production facility in Golden, Colorado. On April 22, 2022, Boulder Botanical became a subsidiary of Frankens Investment Fund, LLC. This proposed transaction remains subject to a definitive agreement and due diligence. A formal closing is expected within the next few weeks.
Real Brands Signs Letter of Intent to Acquire Assets of Boulder Botanical
Globe Newswire - Press Release
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