The first LOI was signed early this morning. It is a LOI to acquire a new cutting edge company specializing in the vaporizer space. They have 3 products, ranging from 69.99 to 249.00.
The second LOI is with a Northern California based soil company with unaudited revenues of $1MM per year. We anticipate it being signed in the coming days.
The third LOI is with a Colorado grow store with unaudited revenues of $557k per year. We anticipate it being signed in the coming days.
Expect official PR's on these accordingly. This falls in line with our aggressive acquisition strategy for the coming year.