Fuzz N Buzz Brands, Inc (FNB) - is a new filing I found and I confirmed it with management that CWIR shareholders owns 100% of it and will be a subsidiary under CWIR. FNB pharmaceuticals ( Fuzz N Buzz Inc ) is where the DEA will be placed and will be the chain name and the 1st dispensary of many under the chain in legal states.
A wholly owned subsidiary is a company that is completely owned by another company called the parent company or holding company. The parent company will hold all of the subsidiary's common stock. Since the parent company owns all of the subsidiary's stock, it has the right to appoint the subsidiary's board of directors, which controls the subsidiary.