SGTM - Sustainable Green Team (SGTM) Announces Binding Letter of Intent to Acquire Regen Hubs and HumiRock Strategically Seeking to Revolutionize Sustainable Agriculture | Benzinga
ORLANDO, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team (OTC:SGTM) ("Company') announces the completion of a binding Letter of Intent ("LOI") for the acquisition of Regen Hubs North America, Inc., Regen Hubs International, Inc., and HumiRock, LLC, along with their affiliates ("Regen Hubs"). Upon completing the definitive agreement, the strategic acquisition represents a significant milestone in SGTM's mission to revolutionize sustainable agricultural practices worldwide and position SGTM at the forefront of sustainable agriculture. The collaboration aims to have a maximum impact on improving policies and adopting regenerative production processes and technologies, with a strong focus on food security.
Regen Hubs developed access to extensive professional and geographical networks, and SGTM expects to leverage these connections to expand its reach and drive positive change in the industry. SGTM anticipated to capitalize on the expertise and knowledge of Chad Roy, Bobby Mann of Mann Marketing, and Gus Ibrahim of Worldwide TV Products, who have agreed to join the SGTM team as strategic advisors. Their invaluable contributions will accelerate the growth of SGTM's "Direct to Retail" operations, ensuring a seamless transition and leveraging their extensive experience.
SGTM and Regen Hubs have collaborated with Worldwide TV Products to develop a comprehensive plan for selling, packaging, and distributing SGTM's full range of products to retailers in North America. By leveraging Regen Hubs' influential network, SGTM aims to secure purchase orders that should drive sales and propel sustainable agriculture forward.
SGTM plans to debut select products this year on QVC and HSN (Home Shopping Network) with the support of Mann Media and Worldwide TV Products. The media collaboration has the potential to generate millions of dollars in revenue, further ...
SGTM) Announces Binding Letter of Intent to Acquire Regen Hubs and HumiRock, Strategically Seeking to Revolutionize Sustainable Agriculture>Full story available on Benzinga.com