HPTY Breakout Alert! Revenue Producing, Establi
Post# of 103049
Revenue Producing, Established Brand Complements Hemp Tech's Growth Strategy to Increase Shareholder Value, Provides Potential for Expansive Growth
PR Newswire
LOS ANGELES, Aug. 31, 2020
LOS ANGELES, Aug. 31, 2020 /PRNewswire/ -- Hemp Technology Inc. (HPTY: OTCBB), ("HPTY", a vertically integrated, publicly traded holding company operating in the hemp industry, has successfully entered into a purchase and sale agreement dated August 11, 2020, to acquire substantially all of the assets of True Leaf Pet Inc. ("TLP". TLP is a division of True Leaf Brands Inc. (CSE: MJ) (OTC Pink: TRLFF) (FSE: TLA).
We are pleased to advise that the Approval and Vesting Order was granted by the Court on Friday August 28, 2020.
The closing of the transaction pursuant to the Sale Agreement (the "Transaction" was subject to approval by the Court of the Transaction within 30 days of the execution date. The Transaction has been set to close September 11, 2020.