GL Brands Inc. (fka GRLB)

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The Las Vegas-based company also brings on board a 17-person sales team and a multi-year agreement between Green Lotus and CBD Life SA De CV, one of only a handful of companies holding licenses to legally import and distribute cannabidiol (CBD) in Mexico. Shipments under the agreement to CBD Life are expected to commence in the second half of this year, with initial distribution to about 4,000 outlets planned to be expanded to 40,000 outlets in CBD Life’s network in subsequent years.

From its headquarters in Colorado, Green Lotus manufactures and distributes premium cannabinoid products made from organic industrial hemp. The company generated U.S. sales of $1.4 million during the first quarter of 2019, accelerating from $2.2 million for all of 2018. Green Lotus was cash flow positive for the full year 2018

https://www.wallstreetpr.com/can-freedom-leaf-turn-corner-with-green-lotus-acquisition-41488