OTCQB:CANB - Post Discussion
Can B Corp
> $CANB Closes Acquisition of Assets from Music City Botanical
Post by
AveragePenny on Aug 19, 2021 10:19am
$CANB Closes Acquisition of Assets from Music City Botanical
https://www.accesswire.com/660452/can-b-corp-closes-acquisition-of-assets-from-music-city-botanicals-to-strengthen-its-vertical-processing-capabilities This acquisition, along with the previously announced TWS Pharma acquisition, will make CAN B a contender to become among the leading producers of hemp-based cannabinoid products in America. The addition of Music City Botanicals assets adds additional volume in extraction, isomer lab production, and R&D into the evolving isomer market with such products a Delta-10, CBG, CBN, and CBDA. New retail products will include pharmaceutical-grade CBD and related manufactured goods. In-house labeling and packaging now available to the Company will create a chain of custody and compliance process that is uncommon in the industry.
With this acquisition, TN Botanicals is now a complete producer of high-quality CBD products using in-house extraction, distillation, isolate production, and final product fulfillment to complete a vertical chain of custody in all its products. The former MCB executive staff has over one hundred years of combined hemp processing experience in a world-class team of operators, scientist, and salespeople, many of which CAN B intends to engage. Products are manufactured under Good Management Practices, ISO 9000 compliance, and FDA inspected practices inspected. All products are tested by primary and independent third-party labs.
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