In November NLBIF entered into a letter of intent with an arm’s length-party, Vida Concepts, LLC and its wholly-owned subsidiary NXTGEN CBD Supplements, LLC. Pursuant to the agreement NLBIF has agreed to acquire 100% of the issued and outstanding share capital of Vida, its products lines and inventory. Vida was founded with wellness spirit and a lofty objective: to be a go-to brand in providing huge science proven cannabinoids-based medicine and its health benefits for a better and improved life, while leading the way for 100% non-GMO, phytocannabinoid-rich industrial hemp for healthy life sustainability.