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     138  0 Kommentare Real Brands Inc. Completes Merger with Canadian American Standard Hemp Inc. - Seite 2

    Real Brands’ multiple existing CBD brands including CBD Pharmacy, Omega Hemp, and Humboldt were not included in the merger and will be owned by a separate entity.

    The acquisition of CASH brings with it CASH’s affiliation with Turning Point Brands, Inc. (NYSE: TPB), a strategic equity shareholder and investor in CASH, as well as a customer for bulk CBD oils and isolates used in Turning Point products. Turning Point has more than 250,000 points of distribution with leading brands such as Zig-Zag, Stoker’s, and Beech Nut.

    “Our strategic relationship with TPB is invaluable, as they offer unique expertise and experience in brand launch and marketing, in addition to being a valued major customer,” noted Kidrin.

    “We are pleased to complete this transaction with CASH and believe the combined companies will provide increased value to our current shareholders that far exceeds the value of the two entities separately,” said, Jerry Pearring, former CEO of Real Brands “There are real synergies between the two companies and I am confident their strategic plans promise a bright future for the shareholders.”

    Peter N. Christos, a member of the Board of Directors for both Real Brands and CASH, assisted in facilitating the merger and stated, “Knowing both Thom Kidrin and Jerry Pearring for decades, and the many shared resources between the two companies, the idea of this merger was natural. Enabling CASH to become a publicly traded entity via this transaction should allow the organization to more quickly take advantage of its growing opportunities. I expect this merger will be advantageous to both companies’ respective shareholders.”

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    Contacts:
    Media Relations: Accentuate PR, Julie Shepherd 847 275 3643, julie@accentuatepr.com
    Sales/Investors: 617-725-8900, info@cashinc.com

    About Real Brands Inc.

    Real Brands is the result of a 2020 merger with Canadian American Standard Hemp Inc. (CASH) that brought together industrial scale hemp CBD oil/isolate extraction and processing, wholesaling of CBD oils and isolate, and production and sales of numerous hemp-derived CBD consumer brands of smokable, edible and topical products. Its Halo 5 is a proprietary chromatography extraction technology utilizing a Simulated Moving Bed (SMB) that provides the advantage of producing large quantities of highly purified material and precise pharmaceutical grade molecular separation at dramatically reduced costs. Visit www.realbrandsusa.com. Consumer product lines are available on www.wabrands.com, and www.americanstandardhemp.com.

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    Real Brands Inc. Completes Merger with Canadian American Standard Hemp Inc. - Seite 2 Brings together proprietary hemp-derived CBD extraction, wholesale CBD oils/isolates, CBD product formulations and consumer brands into public entityReal Brands appoints Thom Kidrin as CEO North Providence, RI and Weston, FL, Oct. 27, …