LFTD Partners Inc. cancelled the acquisition of Savage Enterprises.
December 14, 2021
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Acquired Sales Corp. (OTCPK:AQSP) signed a letter of intent to acquire Savage Enterprises for $44 million on June 16, 2021. Christopher G. Wheeler and Matt Winters, the co-founders and co-owners of Savage Enterprises, will continue to serve as the chief executive officer and chief financial officer, respectively, of Savage Enterprises. The transaction is subject to approval by regulatory board/committee, consummation of due diligence investigation, definitive agreement, obtaining all necessary approvals and financial audit of acquire Savage Enterprises.
LFTD Partners Inc. (OTCPK:LSFP) cancelled the acquisition of Savage Enterprises on December 15, 2021.
LFTD Partners Inc. is involved in the development, manufacturing and sale of a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava. Lifted sells its products online primarily through its Website: www.urb.shop. Lifted is also a manufacturer and seller of Diamond Supply Co. (www.DiamondSupplyCo.com) and Cali Sweets hemp-derived products. Lifted also manufactures and sells similar hemp-derived products to private label clients. Lifted also owns 4.99% of CBD-infused beverage and products maker, Ablis.