CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Acquires American Hemp and Diablo CBD Cigarette Brands
Green Hygienics Holdings (OTCQB: GRYN) today announced the successful completion of its acquisition of two CBD cigarette brands: American Hemp and Diablo. According to the update, the acquisition includes all related business development assets, such as sales and distribution relationships, trademarks and digital assets. “The two CBD cigarette brands, American Hemp and Diablo, are extremely well packaged, and the acquisition includes $21.5M worth of inventory at MSRP that we are purchasing at a considerable discount to market,” said Green Hygienics COO Kyle MacKinnon. “We plan to use this acquisition to launch the company’s smokables division and add our Sol Valley…