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Thursday, March 08, 2018 10:15:56 PM
While it was emphasizing its own type of hemp-based snacks and beverages, LFER was hunting out additional chances through a collection of joint venture arrangements. And its Board of Directors has allowed among its subsidiaries to look for both indirect and direct investment chances. Not just could this move increase LFER's presence in a developing market, however it may also give it a chance to help other organizations that it believes has potential. It has partnered with a private equity firm that'll offer the company a way to strategically seek out potentially profitable investment and joint venture opportunities, which is some thing that's been on LFER's schedule for quite a while. It has now decided to make this plan a reality, and it may offer the company a chance to boost its profitability on the market.
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