RTSL - Rapid Therapeutic to buy out all assets of Razor Jacket
Rapid Therapeutic Science Laboratories (RTSL) has signed a letter of intent ((LOI)) to acquire all of the assets of Razor Jacket, LLC based in Hillsboro, Oregon in a cash and stock transaction. Razor Jacket currently supplies medical grade CBD and CBG Isolate to RTSL. These isolates are the active ingredient in RTSL’s base formulas.This vertical acquisition assures RTSL of access to up to 150 kgs a month of 99.9% pure isolate. Without adding any additional capital, the lab can make sufficient production in excess of 3M MDI units annually. Further, the acquisition will reduce RTSL’s cost of goods sold by ~50% per MDI unit.
For further details see:
Rapid Therapeutic to buy out all assets of Razor Jacket