Integrated Cannabis Solutions Completes Acquisition AgreementAcquisition Agreement • September 2nd, 2021 • Integrated Cannabis Solutions, Inc. • Agricultural production-crops
Contract Type FiledSeptember 2nd, 2021 Company IndustrySeptember 2, 2021 Coconut Creek, FL Integrated Cannabis Solutions, Inc., (OTCPINK: IGPK) completed an Acquisition Agreement on September 1, 2021 whereby its wholly owned subsidiary, Integrated Holdings, Inc., will acquire 49.5% of Consolidated Apparel, Inc. from its owner subject to and in return for its assumption and payment of 50% of Consolidated Apparel’s long term liabilities in the form of loans, credit lines and notes. The Acquisition Agreement includes the option to acquire the remaining 50.5% under the same assumption and payment terms to pay the remaining 50% of Consolidated Apparel’s long term liabilities to effect 100% ownership of Consolidated Apparel.