$HSTI #News : High Sierra Technologies, Inc. has E
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Posted On: 01/25/2022 9:40:20 AM
$HSTI #News : High Sierra Technologies, Inc. has Executed a Letter of Intent to Acquire HT Global, Inc.
Reno, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- On December 31, 2021, High Sierra Technologies, Inc. (OTCQB: HSTI) a Colorado Corporation (“HSTI”) and HT Global, Inc., an Oregon Corporation (“HTG”), pursuant to a Non-Disclosure and Confidentiality Agreement of the same date, entered into and executed a Letter of Intent under which HSTI will acquire HTG pursuant to a Share Exchange Agreement (the “LOI”). The parties are currently in the Due Diligence Process of the transaction and the closing of this transaction is currently scheduled to occur on, or before, March 1, 2022.
HTG is a revenue generating corporation whose principals have over 20 years of experience in all aspects of the Agricultural/Industrial Hemp Industry. HTG is both vertically and horizontally integrated across the entire Agricultural/Industrial Hemp Industry and is involved in Seed Genetics, Plant Propagation, Transportation, Crop Harvesting and Drying, all forms of Post Processing as well as the creation of cutting-edge Cannabinoid Extractions and Formulations, including CBD, CBG, CBN and all “Hemp-Derived” extractions, as defined under the 2018 Hemp Farm Bill. Within HTG’s network of relationships, there are strategic acquisitions in sight with additional revenue positive companies that will add considerable benefits to the circular integration and vertical integration possibilities afforded by this network. These potential target acquisitions include a processing facility, a consumer goods manufacturing facility for all CBD related product, as well as facilities for the manufacturing of hemp plastics and hemp building materials.
HTG currently is involved in the production, manufacturing and sales of numerous hemp-based products including, but not limited to:
CBDa, CBD, CBGa, CBG, CBN, CBCa, CBC, THCa, THCv formulated products in the health and wellness market space.
Hemp Seed foods such as hulled and toasted seeds, oils, protein powders, animal, poultry and fish feeds, clothing, construction materials.
https://finance.yahoo.com/news/high-sierra-te...00444.html
Reno, Nevada, Jan. 19, 2022 (GLOBE NEWSWIRE) -- On December 31, 2021, High Sierra Technologies, Inc. (OTCQB: HSTI) a Colorado Corporation (“HSTI”) and HT Global, Inc., an Oregon Corporation (“HTG”), pursuant to a Non-Disclosure and Confidentiality Agreement of the same date, entered into and executed a Letter of Intent under which HSTI will acquire HTG pursuant to a Share Exchange Agreement (the “LOI”). The parties are currently in the Due Diligence Process of the transaction and the closing of this transaction is currently scheduled to occur on, or before, March 1, 2022.
HTG is a revenue generating corporation whose principals have over 20 years of experience in all aspects of the Agricultural/Industrial Hemp Industry. HTG is both vertically and horizontally integrated across the entire Agricultural/Industrial Hemp Industry and is involved in Seed Genetics, Plant Propagation, Transportation, Crop Harvesting and Drying, all forms of Post Processing as well as the creation of cutting-edge Cannabinoid Extractions and Formulations, including CBD, CBG, CBN and all “Hemp-Derived” extractions, as defined under the 2018 Hemp Farm Bill. Within HTG’s network of relationships, there are strategic acquisitions in sight with additional revenue positive companies that will add considerable benefits to the circular integration and vertical integration possibilities afforded by this network. These potential target acquisitions include a processing facility, a consumer goods manufacturing facility for all CBD related product, as well as facilities for the manufacturing of hemp plastics and hemp building materials.
HTG currently is involved in the production, manufacturing and sales of numerous hemp-based products including, but not limited to:
CBDa, CBD, CBGa, CBG, CBN, CBCa, CBC, THCa, THCv formulated products in the health and wellness market space.
Hemp Seed foods such as hulled and toasted seeds, oils, protein powders, animal, poultry and fish feeds, clothing, construction materials.
https://finance.yahoo.com/news/high-sierra-te...00444.html
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