Applied Biosciences Corp. (APPB)

[lesgetrich]

You just got eyeballs from 30,000 mCig shareholders. I don't think that's bad news at all. According to the deal, STNY owns the VitaCBD line. All VitaCBD revenue will flow through STNY. mCig will supply the CBD and get revenue as a vendor to STNY. STNY gets a viable product line with additional synergy with mCig which can also supply packaging and additional products such as vape equipment and a new CBD anti-aging cream for corollary sales. Moreover, there's a non-compete clause which keeps mCig from offering competing products for a couple years. I'd say STNY came out of this pretty well. JMO.