CBDG - THC Farmaceuticals acquires controlling interest in G.K. Manufacturing

THC Farmaceuticals ([[CBDG]] -0.1%) announces that it had reached a binding agreement to acquire a controlling ownership interest in G.K. Manufacturing from Cannabis Sativa ([[CBDS]] +0.0%).With the acquisition of G.K. Manufacturing, the company strengthens its capabilities to supply U.S. domestic markets with an expanded product offerings, including a new line of dental care-related products.The acquisition provides an entry into the U.S. market with CBD health and wellness brands, including an established manufacturing and distribution platform.G.K. Manufacturing has pending nationwide and global sales contracts with companies in the U.S., UK, France, and Spain.

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THC Farmaceuticals acquires controlling interest in G.K. Manufacturing