FRTD, via VaporVite, is importing a cheaper version of a vaporizer and selling them for $89 to dispensaries. You can hear the CEO talking about importing them in the radio interview.
I suspect it to be a legit offer from a high market cap OTCQB MMJ company who is willing to create/give shares to holders of FRTD. With a roughly 600M O/S here, its an offer of $72M. That would be a minor number for some of the OTCQB MMJ that are $100M to $500M.