EXMceuticals Inc. Announces Transformational Merger with Global Cannabinoids and Launches Concurrent Equity Financing
"The Transaction brings together GC, which is a leading US-based online platform for the distribution of premium wholesale American hemp oil, extract, isolates and finished products with EXM, which will allow the Resulting Issuer to conceivably expand beyond the US and import, export, research and refine cannabinoids and cannabis-based products through EXM’s Portugal hub into the European Union."
“EXM could not be more excited to be combining operations with GC. As pioneers in the industry, the management team at GC have built a very impressive business footprint and distribution network while generating meaningful revenue. GC provides B2B customers with products and services that deliver an unmatched level of consistency and quality in the fastest possible time. We feel enormous growth opportunities exist in the US marketplace and beyond, with EXM’s operations in Portugal providing an immediate springboard to access the entire emerging European marketplace, for all legal cannabinoids,” commented Jonathan Summers, CEO of EXM..."