RLBD - Real Brands agrees to acquire assets of Boulder Botanical

Real Brands (OTCPK:RLBD) to acquire substantially all the assets of Boulder Botanicals & Biosciences Laboratories in Golden, Colorado with the intent to continue Boulder’s current CBD and non-CBD manufacturing and distribution business that serves major distribution channels nationwide. The deal will include Boulder Botanical’s brands, IP, distribution and 27,000 sq. ft. R&D and production facility in Golden, Colorado.  A formal closing is expected within the next few weeks and is subject to a definitive agreement and due diligence. "The Boulder Botanical’s transaction will augment Real Brands’ existing portfolio of branded products and expand its distribution capabilities," explained Thom Kidrin, President & CEO of Real Brands.

For further details see:

Real Brands agrees to acquire assets of Boulder Botanical