Metawells Oil and Gas Inc (KOSK)

[sjoseph]

One Step Vending Corp. Announces Acquisition of Sofos CBD, Inc.
Press Release | 11/01/2018
HARRISON, NY, Nov. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – One Step Vending Corp. is pleased to announce the acquisition of the total equity stake in Sofos CBD, Inc., a New York based company, focused on sales of CBD infused products through various channels.

Sofos CBD, Inc. is a newly established company in New York with business activity in the sales of CBD infused products through vending machines, electronic commerce, and wholesale. The Company funded the acquisition of Sofos CBD, Inc. with the issuance of two million common shares, restricted from resale for the period of one year. No debt was assumed in connection with this acquisition.

Sofos CBD, Inc. aims to develop a network for the placement of CBD vending machines in the New York area under the brand CBD Kiosks. The Company plans to start a trial period for the placement of the CBD Kiosks in certain places in Brooklyn and Queens. Sofos CBD, Inc., as a wholly owned company by One Step Vending Corp., will also operate the www.cbdkiosks.com online platform, and future plans include the development of its own label products, in co-operation with specialized laboratories in this field.

More information on the business developments and the course of previous announcements will be released shortly.