MINE - Minerco acquires White Label CBD company to improve operational efficiency
Minerco (MINE) has acquired White Label CBD company, a seed to shelf full-service private label manufacturer of industrial hemp CBD products.This strategic purchase includes crucial equipment, increasing microdosed psilocybin tablet production capacity by 1M units daily.In markets where psilocybin is not legal, Minerco will manufacture unleaded medical mushrooms including Chaga and Lion Mane as legal alternatives. In light of the acquisition, Minerco CEO Julius Jenge released the following statement: "Increasing the company's microdosed psilocybin tablet production capacity was a crucial goal to prepare the company for success as legal markets expand in the United States."
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Minerco acquires White Label CBD company to improve operational efficiency