Real Brands Signs Letter of Intent to Acquire Assets of Boulder Botanical
North Providence, RI, and Golden, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Real Brands Inc.(OTCQB: 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.
- North Providence, RI, and Golden, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Real Brands Inc.(OTCQB: 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.
- Since 2018, Boulder Botanical has designed leading cannabinoid formulations and provided well-recognized, white-label manufacturing services.
- The Boulder Botanicals transaction will augment Real Brands existing portfolio of branded products and expand its distribution capabilities, explained Thom Kidrin, President & CEO of Real Brands Inc.
- We are pleased to have the Boulder Botanicals business join the Real Brands family under its seasoned management team, said David Frankens, owner of Frankens Investments.