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."
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ECGI控股公司(OTCPK:ECGI),D/B/A精英大麻集团有限公司,宣布了签署一份B类装订我电子邮件发件人我内容朝向收购关键人员、知识产权、业务运营,以及未来的业务运营永无止境意识公司,一家参与合法大麻产品市场的加州公司。
ECGI首席执行官表示:“我们非常高兴能推进这笔交易,为我们现有的关系赋予‘有约束力’的称号,有助于培养我们当前和未来资本合作伙伴的信誉,在我们加强商业运营的同时,为我们的股东带来价值。”丹尼·Wong。“欧共体,通过他们的8位品牌,拥有一支顶尖的团队,我们现在看到品牌足迹的增长。随着这支蓝筹股团队的加入,我们处于非常有利的地位,能够扩大这种增长。“
该公司于2023年3月9日宣布了一份不具约束力的意向书,以收购EC。当时,人们注意到EC团队积累了广泛的销售经验记录,包括为250多家商店提供服务,并管理覆盖多个州的1000多家商店的产品。
Wong接着说:“我们期待着在我们完成这项收购并巩固我们作为加州大麻市场新兴领导者的地位的过程中,随时向我们现有和潜在的股东通报情况。”
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