$NWYU News! New You, Inc. Subsidiary ST Brands Acq
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Posted On: 06/02/2021 8:57:37 AM
$NWYU News! New You, Inc. Subsidiary ST Brands Acquires 100,000-customer CBD Seller, Infinite Product Co. Available in 1,000 locations
20,000,000 milligrams of CBD isolate sold
Over 100,000 customers
Virtually all-stock transaction
CARLSBAD, CA, May 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- New You, Inc. (OTCQB: NWYU) today announced, as disclosed in an 8-K dated May 27, entry of its wholly-owned subsidiary, ST Brands into an agreement to acquire 49% of Colorado-based Infinite Product Company, LLC, 100% owner of Infinite CBD, with an option to acquire the remaining 51% for a total of $11,000,000 in primarily NWYU stock.
https://finance.yahoo.com/news/inc-subsidiary...00958.html
20,000,000 milligrams of CBD isolate sold
Over 100,000 customers
Virtually all-stock transaction
CARLSBAD, CA, May 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- New You, Inc. (OTCQB: NWYU) today announced, as disclosed in an 8-K dated May 27, entry of its wholly-owned subsidiary, ST Brands into an agreement to acquire 49% of Colorado-based Infinite Product Company, LLC, 100% owner of Infinite CBD, with an option to acquire the remaining 51% for a total of $11,000,000 in primarily NWYU stock.
https://finance.yahoo.com/news/inc-subsidiary...00958.html
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