+ 0.61
+ 0.2%

Cable Provider 4Cable To Venture Into CBD Space, Considers Two Acquisitions

October 19, 2020 1:33 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

4Cable TV International Inc. (PINK: CATV) is looking to acquire two CBD companies.

The Port St. Lucie, Florida-based company expects to announce its final decision in the weeks to come.

"Our goal is to become a business development company, where we look to acquire CBD, Medical Marijuana, Hemp and possibly Green Energy based companies that can add value on a collective basis to the consolidated financial statements of the company," 4Cable CEO Jeff Wildermuth disclosed.

4Cable is a provider of service and customized solutions to cable television operators.

Meantime, other moves from the CBD space include a partnership between Champions + Legends and Fox Sports commentator Jay Glazer and the collaboration between Body and Mind Inc. (CSE:BAMM) (OTCQB: BMMJ) and cannabis accessory and CBD line Her Highness.

Glazer agreed to contribute to the Champions + Legends' overall vision and long-term growth strategy as a founding partner. He also opted to support the hemp and the CBD startup through social media.

Under the licensing production deal with Body and Mind, the California-based women-led startup opted to expand its reach into the Nevada market.



Cannabis News Markets

Related Articles

Why Brewers, Spirits Makers Would Be Wise To Consider Cannabis-Infused Beverages

Consumers are thirsty for CBD beverages. read more

Earnings Roundup: iAnthus, Can-Fite, Organigram, Bluma Wellness, Auxly

iAnthus Touts 82% YoY Revenue Growth, Names Interim COO read more

Analyst Raises Canopy Growth Price Target Ahead Of MORE Act Vote

Analysts are hyping up marijuana stocks ahead of this week's Congressional vote on The Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2019. read more

Fire & Flower Adds Another Store In Ontario, Buys Quad Nine Investments For $900K

Fire & Flower Holdings Corp. (OTCQX: FFLWF) has agreed to purchase all issued and outstanding shares of Quad Nine Investments Inc. The deal gives Fire & Flower ownership of a cannabis retail store in Toronto. read more

Cannabis Gave Her Child A Future: Now She Helps Other Families

This article was originally published on The Cannigma, and appears here with permission. read more