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sello

01/28/24 10:18 PM

#2075 RE: sello #2074

Think I might have found the acquisition target. Cannabis Company Group SAS checks all the boxes.
 
Very close to El Dorado Airport.

Has all the licenses for cannabis but also chemical and botanical compounding which is in line with the cosmetic products.
 
Established under the relatively new  "simplified joint-stock company" in 2021. 

Net value, which might be outdated was 2.5 million which makes it a realistic target.  

Looks like they have fully established. Thus immediate revenue and much easier to install additional equipment, OWP's, in an already certified operation rather than start from scratch.

During an AI search for more information on the company AI linked three web addresses, Bloomberg, Duns and Bradstreet, and American Cannabis Consulting. I could not find the connection but just the fact that ACC is Terry Buffalo's former company raised an eyebrow. 

This was interesting....

The principal-agent of Cannabis Company Group SAS is Mónica Andrea Perico Roldan. She is a B2B coordinator. For the last 8 months, she has been working for a company called Grupo Emi. This is a large telemed company that operates throughout Latin America. might be setting up a medical mj supply chain with this subsidiary, in addition to OWP's product contracts.

All speculation here but I looked at nearly all the cannabis operations in Bogata and this one seemed the most viable. Many of the others are already subsidiaries of larger companies, Canadian and US, and the others don't support what OWP has described.

Hoping for an 8-k in the very near future. They said on the 22nd that they expected to close in 4-6 weeks which would only leave 8 days if the abide by the SEC 30-day notice.