On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

CannabisNewsBreaks – Hemptown Organics Corp. Announces Next Step Toward Ultimate Goal of Becoming ‘P&G’ of the Cannabinoid Industry

Company: Hemptown Organics Corp.
Category: News

Hemptown, a privately held British Columbia company, today announced its entry into a letter of intent (“LOI”) with Spectre Capital Corp. (TSX.V: SOO.P), a capital pool company listed on the TSX Venture Exchange. According to the update, the LOI is in relation to Spectre’s acquisition of all the issued and outstanding securities of Hemptown. Once complete, the transaction is expected to result in the reverse takeover of Spectre. “We are excited to announce this next step in the growth of Hemptown as we work towards a public listing that will enable Hemptown to further execute on its M&A strategy, with the ultimate goal of becoming the ‘P&G’ of the cannabinoid industry,” said Eric Gripentrog, CEO of Hemptown, in the news release. “Access to the capital markets has been an important part of our growth as a company, and a public listing is expected to further enable Hemptown to grow through investment and acquisition.”

To view the full press release, visit http://cnw.fm/6ZnEG

About Hemptown

Hemptown is a diversified cannabinoid company delivering a wide product offering across the value chain, and in multiple sales channels, to meet the growing global demand for cannabinoid-based products. State-of-the-art cultivation in Oregon’s Rogue Valley, FDA-licensed and cGMP-certified product manufacturing and a strong leadership team with Fortune 500 experience are the pillars for Hemptown’s growth model as it pushes into the consumer-packaged goods sectors with top-quality white-label and branded product lines for the consumer market. For more information, visit www.HemptownUSA.com.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

Official NewsWire Relationships

Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo USA CBD Expo

CannabisNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 303.498.7722